20.03.2023

Kanat Sharlapayev meets with Industrial Development Fund’s employees

On March 17th, Kanat Sharlapayev, Chairman of the Board of Baiterek Holding, convened a meeting with the top managers of the Industrial Development Fund to review their progress over the past year and discuss plans for 2023. During the meeting, it was reported that the Fund had made significant strides, having attracted 527 billion tenge, capitalized 50 billion tenge, and financed over 200 leasing transactions. As a result of these achievements, the Fund was able to lease 698 buses, 327 ambulances, 234 agricultural vehicles, 90 emergency vehicles, and 85 special vehicles.
Moreover, the Fund had initiated programs to finance manufacturing projects for small, medium-sized, and large businesses, as well as programs for preferential leasing of agricultural machinery and preferential car loans. However, Kanat Sharlapayev recognized the need for further improvement and automation of internal business processes to ensure project financing efficiency and transparency. In this regard, he issued instructions to enhance the existing procedures.
When discussing the application process for preferential car loans, Kanat Sharlapayev said:
– We do need to make changes. If we keep doing the same things, we will keep encountering the same issues repeatedly. We haven't been able to help people as much as we would like. While leasing 700 cars is a notable accomplishment, it's merely a drop in the bucket on a national scale. Our priority is to identify what needs to be changed and to communicate that effectively to our audience. Only then can we begin to implement these changes. Currently, the car leasing application process seems like a lottery or a race to see who can hit the button first. This is wrong and understandably leads to dissatisfaction. I don't endorse the lottery concept; rather, I support assisting those who need it the most. For example, families with disabled children or large families who depend on their cars for transportation. Perhaps, we should focus on helping them first.
At the end of the meeting, the employees of the Fund's various divisions posed questions to Kanat Sharlapayev, who responded by expressing his satisfaction with their progress and encouraging them to continue supporting the industrial potential of the country.