FOC 2025: Baiterek Enhances Support for Oilseed Processors

On June 3, the fourth international conference "FOC 2025: Fats and Oils Conference" dedicated to the development of the fats and oils industry took place in Almaty. Zhandos Shaikhi, Deputy Chairman of the Management Board of Baiterek National Managing Holding, delivered a welcoming speech, emphasizing the strategic importance of the sector and presenting support mechanisms for Kazakhstani producers through the Holding's subsidiary organizations.

Zhandos Shaikhi highlighted that Kazakhstan’s fats and oils products have already established a strong presence in international markets, showing significant growth in both production and exports. He spoke about a new program launched by the Holding aimed at supporting non-resource-based exports, which includes trade finance instruments, working capital loans, and export insurance solutions.

“The mission of Baiterek and our subsidiaries is to provide enterprises with a full range of financial support tools, enabling our exporters to reach a fundamentally new level, significantly expand the geography of their deliveries, and strengthen Kazakhstan’s position in global markets,” he emphasized.

It is worth noting that, as part of this program, on May 21 of this year, tripartite agreements were signed between the Development Bank of Kazakhstan, the Export Credit Agency of Kazakhstan, and major oil processing companies — LLP Altyn Shyghys and LLP Qazaq-Astyq Group. The total financing for these companies will amount to up to 23 billion tenge, which will be used to purchase raw materials for further deep processing and export.

The Deputy Chairman of the Holding also stressed the need to increase the sunflower planting area to 3 million hectares, which would significantly boost the utilization of processing capacities and ensure the domestic market is supplied with refined oil.

The conference brought together over 180 participants from Kazakhstan, the USA, China, Europe, Central Asia, and the Middle East. During the event, participants discussed prospects for industry development, logistics improvements, crop diversification, and investment attraction.