The Baiterek holding has proposed joint investments in industry and technology to its Bavarian partners.

Rustam Karagoishin, Chairman of the Management Board of the "Baiterek" National Investment Holding JSC, continued his business agenda in Munich as part of the official visit of the President of Kazakhstan, Kassym-Jomart Tokayev, to Germany. He spoke at the Kazakhstan-Bavaria Technology Forum—attended by the Head of State—where he presented opportunities for the joint financing of industrial and technological projects.

Hubert Aiwanger, Deputy Minister-President and Bavarian Minister of Economic Affairs, Regional Development and Energy, also spoke at the forum, highlighting the potential for cooperation between Kazakhstan and Bavaria in the agricultural sector.

In his address, Rustam Karagoishin outlined the support mechanisms available to investors and proposed that German partners develop joint investment platforms.

"The 'Baiterek' Holding is ready to become your strategic partner in Kazakhstan. We offer long-term financing, leasing, equity participation, and export insurance, combining the capabilities of our development institutions with the instruments of our German partners. We are prepared to co-invest, share the risks associated with implementing new technologies, and support investors from their initial meeting through to the launch of production. Our shared objective is to translate the agreements reached into new factories, laboratories, and jobs in Kazakhstan," noted Rustam Karagoishin.

Following the three-day visit to Berlin and Munich, the "Baiterek" Holding and its subsidiaries—the Development Bank of Kazakhstan (DBK) and the Industrial Development Fund (IDF)—signed five agreements totaling 870 million US dollars. These documents outline promising areas for cooperation with leading German financial institutions and industrial companies.

The work encompassed the financing of specific projects, the establishment of joint investment funds, the acquisition of technologies, and the exchange of expertise. The agreements reached provide a foundation for launching new manufacturing facilities, developing deep processing of raw materials, advancing the energy sector, and creating jobs in Kazakhstan.