27.08.2026

The Board of Directors of Baiterek Holding approved the updated Development Plan until 2033.

Prime Minister Olzhas Bektenov chaired a meeting of the Board of Directors of JSC National Investment Holding Baiterek, during which a number of key issues regarding the Holding's operations and future development were discussed.

In fulfillment of the Head of State's instructions, the Board of Directors approved an update to the Holding's Development Plan for 2024-2033. These adjustments include strengthening Baiterek's role in implementing the state's investment policy, expanding mechanisms for attracting private capital, and developing new approaches to supporting investment projects.

The Holding's new operating model includes three strategic areas: effective asset management, creating conditions for strong business development, and improving the quality of life of the population.

Large-scale financing of the real sector of the economy remains a key focus. The Holding plans to maintain annual funding for the business sector at 8 trillion tenge, with annual capitalization from the national budget of 1 trillion tenge. Since the beginning of 2026, the Holding's total funding across all support instruments, including housing development indicators, has amounted to 6.9 trillion tenge, of which 5.1 trillion tenge is allocated to support entrepreneurship.

At the same time, the financial model envisages a gradual reduction in dependence on budgetary sources. Beginning in 2029, a phased replacement of budgetary funding is planned through the expansion of market sources.

The updated Development Plan consolidates the Holding's role as a strategic investor and a key participant in the country's emerging investment ecosystem. The primary focus is on high-quality project preparation, attracting private investment, and expanding cooperation with second-tier banks in business financing.

The Holding's work will be structured within the framework of a new investment cycle based on the "investment order" principle, which provides for the development and support of projects taking into account industry priorities and economic needs. The measures taken are aimed at diversifying the economy and expanding support for the non-resource sector.

The Board of Directors also approved the Holding's Annual Report for 2025. For the first time, ESG indicators are presented on a consolidated basis across the entire Holding's group of companies.

Furthermore, the Holding's Sustainability Report for 2025, prepared in accordance with the requirements of the Corporate Governance Code and the Holding's Sustainability Policy, was approved.

These decisions are aimed at strengthening the Holding's investment role, increasing operational transparency, and improving corporate governance.