Baiterek Holding Strengthens Investment Dialogue with the United States

Timur Onzhanov, Deputy Chairman of the Management Board of Baiterek National Investment Holding, held a series of meetings with international investors and representatives of financial institutions during a visit to Washington as part of the Kazakhstani delegation led by Asel Zhanassova, Deputy Prime Minister and Minister of Transport.

One of the key meetings was held with BlackRock, one of the world's largest investment management companies. The parties discussed prospects for joint financing of infrastructure projects in Kazakhstan, including transport and logistics infrastructure, energy, water supply, and data centers.

A separate meeting was held with representatives of Global Infrastructure Partners (GIP), which is part of BlackRock. Discussions focused on projects related to the Trans-Caspian International Transport Route, energy and digital infrastructure, as well as opportunities to engage with an international investment platform involving Temasek, L’IMAD, and ADNOC. The possibility of Baiterek Holding participating in BlackRock's investment initiatives focused on Central Asia was also discussed.

Another key meeting during the visit was Timur Onzhanov's meeting with representatives of DFC. It further advanced the Holding's dialogue with US financial institutions on developing investment cooperation.

“Today, we are building partnerships with the world's leading investors, with a primary focus on achieving practical results. Kazakhstan offers significant potential for implementing major infrastructure and industrial projects, and Baiterek Holding is ready to serve as a reliable financial partner. Our goal is to ensure that international capital contributes to the development of the real sector of the economy, the creation of new industries, and the strengthening of the country's investment potential,” Timur Onzhanov noted.

A separate meeting was held with representatives of Siguler Guff. The parties continued discussions on cooperation in infrastructure investment, focusing on prospects for developing modern logistics infrastructure in Kazakhstan. In particular, they considered projects to develop a network of Class A warehouse complexes by leveraging international expertise and private capital.

Another item on the business agenda was a meeting between Timur Onzhanov and Dan Levin, Founder of Tenfore Holdings. The parties discussed opportunities for joint investment in technology projects involving the Holding's subsidiary, Qazaqstan Investment Corporation (QIC).

Promising areas included the digitalization of agriculture, smart water resource management systems, precision farming, and modern logistics technologies. In particular, the parties discussed potential cooperation with technology companies KETOS, Agerpoint, and Aperia, whose solutions could be applied in Kazakhstan.

On the sidelines of the visit, brief meetings were also held with representatives of Brookfield, Orion Resource Partners, and Marriott International.

In addition, Timur Onzhanov participated in the international B20 USA Summit and the Kazakhstan–US Business Roundtable organized by the National Chamber of Entrepreneurs Atameken, national company KAZAKH INVEST, and the US Chamber of Commerce. Participants discussed prospects for trade and economic cooperation, the development of transport corridors, energy, digital technologies, and the processing of critical minerals.

The meetings marked a continuation of Baiterek Holding's systematic efforts to expand international investment partnerships. As part of its transformation, the Holding is strengthening its efforts to attract foreign capital, structure large-scale projects, and introduce new mechanisms for co-financing.

Background information:

BlackRock is a US-based global investment management company that manages assets on behalf of institutional and private investors. It provides investment solutions and financial technology services.

DFC is the US International Development Finance Corporation, a government institution that finances projects abroad. It provides loans, equity investments, and insurance instruments to attract private investment.

Global Infrastructure Partners (GIP) is an infrastructure investment company within BlackRock. It invests in energy, transport, and digital assets, as well as water supply and waste management facilities.

Temasek is a global investment company headquartered in Singapore. It builds a diversified portfolio of long-term investments in companies and assets across various industries.

L’IMAD is a sovereign investment platform of the Government of Abu Dhabi. It manages investments in domestic and international markets, including infrastructure and industry.

ADNOC is the Abu Dhabi National Oil Company, a state-owned energy and petrochemical group. It operates in hydrocarbon exploration, production, and processing, and develops energy infrastructure.

Siguler Guff is an international investment company specializing in private capital markets. It invests through its own funds, funds managed by other firms, and individual investment programmes.

Tenfore Holdings is a New York-based investment company founded by Dan Levin. It finances the development of technology companies in industry, agriculture, logistics, healthcare, and the water sector.

KETOS is a technology company developing automated water quality monitoring systems. It combines sensors, software, and analytics to monitor water parameters in real time.

Agerpoint is a technology company developing digital solutions for agriculture. It uses field data and artificial intelligence to assess plant health and support agronomic decision-making.

Aperia Technologies (Aperia) is a developer of automatic tire inflation and pressure monitoring systems for commercial vehicles. Its solutions help improve transport safety, reduce fuel consumption, and minimize fleet downtime.

Brookfield is an international investment group specializing in long-term investments and asset management. Its activities span infrastructure, real estate, energy, and other areas of private investment.

Orion Resource Partners is an international investment company specializing in metals and mineral resources. It provides capital to companies and projects in the natural resources sector, including those related to critical minerals.

Marriott International is a US-based global hospitality company. It develops a portfolio of hotel brands, manages hotels, and grants rights to operate under its brands through franchising.