The Head of State Received Rustam Karagoishin, Chairman of the Board of the "Baiterek" Holding

The President was presented with a report on the implementation of his instructions and the key priorities for the Holding’s further development.

The Head of State was informed that the investment and loan portfolios had reached KZT 14.3 trillion, with a projected increase to KZT 16.5 trillion, while net profit remains at over KZT 400 billion annually.

As a result of the Holding’s support in 2025, 77.5 thousand families were provided with housing, including 11.6 thousand applicants on the housing waiting list.

Last year, 77 major projects and 27.4 thousand small and medium-sized business projects were financed, support was provided to 131 exporters, 7.2 thousand agricultural producers received assistance for carrying out spring fieldwork, and 11.4 thousand units of agricultural machinery were provided under leasing arrangements.

Kassym-Jomart Tokayev was also informed about the ongoing transformation and the new long-term development strategy of “Baiterek”. The project envisages a transition to a proactive investment holding model focused on efficient asset management, creating favorable conditions for strong businesses, and improving the quality of life of the population.

The President was also briefed on the implementation of a number of investment projects. By the end of this year, 26 projects aimed at import substitution, export development, and infrastructure development are planned to be submitted to the Investment Council for consideration.

Following the meeting, the Head of State emphasized the importance of ensuring sustainable economic growth, attracting long-term investment, instructed to strengthen support for SMEs, and paid special attention to improving housing affordability for citizens.

Source: Official Website of the President of the Republic of Kazakhstan