Zhandos Shaikhy Spoke at the Astana Finance Days Panel Session

On September 5, 2025, Deputy Chairman of the Management Board of ‘Baiterek’ National Managing Holding, Zhandos Shaikhy, took part in the panel session “A New Map of Opportunities: How the Regions of Kazakhstan Are Becoming Centers of Investment Growth” within the framework of Astana Finance Days 2025.

The discussion was attended by Acting Chairman of the Management Board of JSC NC Kazakh Invest Aibol Argyngazinov, co-founder of the Teez platform Linara Khusnullina, and President of the Union of Industrial Investors of Kazakhstan Kairat Elamanov.

In his speech, Zhandos Shaikhy presented the Holding’s approach to accelerating investment activity in the regions: the launch of pilot regional investment hubs with the participation of Baiterek, Kazakh Invest, and local akimats; scaling up syndicated financing with a greater share of second-tier banks; introducing KPIs for the timelines of bringing projects to commercial readiness and for the volume of private co-financing.

It was noted that Baiterek acts as a catalyst of the investment cycle by consolidating capital and sharing risks with business. By the end of the year, up to 8 trillion tenge is planned to be financed, including capitalization of 1 trillion tenge. Priority is given to projects in metallurgy, oil refining, agriculture, and energy.

“Our task is to accelerate the ‘landing’ of projects and enhance predictability for investors: eliminating infrastructure bottlenecks, simplifying administration, and expanding syndicated financing. This will make it possible to form sustainable growth points in the regions,” he emphasized.

According to the results of January–July 2025, GDP growth amounted to 6.3%, creating a favorable background for the implementation of investment projects in priority sectors and regions. It was also noted that in 2024, the volume of fixed capital investments by the Holding reached 19.4 trillion tenge (+7.5% year-on-year), confirming the recovery of business activity and forming the basis for further attraction of private capital.