01.10.2026

The Baiterek holding company showcased business opportunities for Kazakhstan and Belarus in Minsk.

Combining Belarusian technologies, Kazakhstan’s production capabilities, and various financing instruments to manufacture competitive products—this is the approach to industrial cooperation presented by Anna Lukina, Managing Director of the Baiterek National Investment Holding, at the INNOPROM event in Minsk. In her presentation, titled "Export Architecture: International Business and Successful Cooperation Models," she explained how the Holding can support joint projects throughout their entire lifecycle—from establishing production facilities to delivering goods to foreign markets.

For enterprises in both countries, such cooperation opens doors to technology localization, the manufacturing of components, and the development of service centers. Each stage of a project requires a specific financial instrument: equity participation helps attract co-investors; loans and leasing facilitate the creation of production capacity; and working capital financing and insurance support the fulfillment of export contracts. The capabilities of the Holding’s subsidiaries allow for these instruments to be combined and tailored to the specific needs of an individual enterprise.

"Our objective today is to shape the nation’s investment portfolio, attract private capital, and provide end-to-end support for strategic projects—from the initial investment concept to full implementation. The Holding is equipped to support exports across virtually the entire value chain. At the investment stage, we finance the creation or modernization of production facilities; subsequently, we provide working capital, pre-export financing, and insurance against export and credit risks. It is crucial for an enterprise to understand in advance how it will fund the execution of an order, how it will receive payment, and how risks will be distributed among the parties involved," she noted.

The speaker also highlighted how joint production can serve as a catalyst for the development of local suppliers. A practical foundation for such cooperation is already in place.

In Kostanay, AgromashHolding KZ, in partnership with the Belarusian agricultural machinery manufacturer Gomselmash, has organized the assembly of Esil combine harvesters, while the MTZ-Kazakhstan facility has expanded its production of Belarus tractors to include the assembly of tractor cabs. The continued development of such projects creates opportunities for localizing the production of new components and integrating Kazakhstani small and medium-sized enterprises (SMEs) into industrial supply chains.

“The impact of a large-scale project should extend to small businesses. New production operations generate demand for components, packaging, transportation, maintenance, and other services provided by local enterprises. Therefore, during the project planning phase, it is essential to identify which orders can be fulfilled by Kazakhstani suppliers and what production capacities they will need to develop. The Baiterek Holding is prepared to provide comprehensive support for economically viable projects—ranging from equity participation and attracting partners to financing production and facilitating export contracts. For us, success is defined by competitive products, the creation of new jobs, the development of Kazakhstani suppliers, and sustainable exports to foreign markets,” emphasized Anna Lukina.

Another promising area for cooperation is the development of warehouse and transport-logistics infrastructure. Belarusian companies could participate in such projects as co-investors, equipment suppliers, or operators. The establishment of modern warehousing facilities—including cold storage—will help expand mutual trade and reduce losses of agricultural produce. Support options will be evaluated on a project-by-project basis, taking into account confirmed demand and the financial model.

In 2025, the Baiterek Holding provided support to 131 exporters. The export volume of enterprises that received support from the Holding’s group of companies reached 1.9 trillion tenge, more than doubling the figure for 2024.