First Kazakh Leasing Conference “KAZLEASING-2025” Held in Astana

On May 28, Astana hosted the inaugural Kazakhstan conference “KAZLEASING-2025: Prospects for the Development of Leasing in Kazakhstan as a Source of Financing for Industry and Entrepreneurship.” The event brought together representatives from government bodies, development finance institutions, the banking sector, leasing companies, and domestic businesses.

One of the keynote speakers at the conference was Nurbolat Aidapkelov, First Deputy Chairman of the Management Board of “Baiterek” National Managing Holding JSC. In his address, he emphasized the importance of leasing as a strategic tool for modernizing the economy and supporting small and medium-sized enterprises (SMEs).

“Leasing has already proven to be an effective mechanism for upgrading production equipment. Our task is to ensure access to capital and make leasing a foundation for technological renewal in the manufacturing sector and the agro-industrial complex. Development institutions within the Holding structure—such as the Industrial Development Fund and KazAgroFinance—play a key role in this process,” said Nurbolat Aidapkelov.

In 2024, the Industrial Development Fund JSC financed 318 leasing deals totaling 778 billion tenge. With the Fund’s support, more than 5,200 units of equipment were procured across the regions, including passenger and freight railcars, buses, special-purpose vehicles, and small aircraft for the needs of the Ministry of Emergency Situations of Kazakhstan. The Fund continues to implement projects with a multiplier effect on the economy, including job creation, increased tax revenues, and reduced import dependency.

As part of the conference, a Memorandum was signed to establish the Leasing Association of Kazakhstan, which will include the industry’s major players, including the Industrial Development Fund. The new association will enhance dialogue among market participants and help develop a unified approach to leasing as a driver of industrial growth.

“Baiterek” Holding will continue its systematic efforts to develop leasing as one of its strategic priorities to support the country’s sustainable economic growth.