Kazakhstan’s National Investment Holding Baiterek has entered a new phase of transformation. The company has been reorganized as an investment holding and has adopted a new operating model focused on proactive investment attraction and comprehensive support for high value-added projectshttps://dknews.kz/en/articles-in-english/374660-kazakhstan-is-creating-a-unified-subsoil-use-platform
This transformation marks a shift in Baiterek’s role in the economy. The holding is moving away from a purely financing-focused approach toward becoming a central coordinator of the country’s investment system.
Financing exceeded expectations in 2025
By the end of 2025, total financing across all of Baiterek’s areas of activity reached KZT 10.3 trillion, exceeding the planned target of KZT 10 trillion.
Support was directed to a broad range of sectors, including:
- large investment projects,
- small and medium-sized enterprises,
- the agro-industrial sector,
- exporters,
- the housing sector.
These results highlight the holding’s continued systemic role in supporting economic development while transitioning to a new investment framework.
A full investment cycle approach
In its new status, Baiterek is positioning itself as a key element of Kazakhstan’s investment architecture. The holding aims to cover the entire investment cycle - from project selection to investor attraction and the structuring of financing.
Together with regional administrations and line ministries, Baiterek has formed a pool of approximately 1,500 investment projects under the “Investment Order” model. The total value of these projects is estimated at KZT 87 trillion, with a focus on priority areas of economic development.
This approach effectively creates an investment pipeline that aligns public policy objectives with private capital.
Two strategic priorities
Under its new investment model, the holding is focusing on two core priorities.
The first is supporting import substitution and infrastructure development, strengthening domestic production capacity and reducing reliance on external supply chains.
The second is promoting exports and export-oriented projects, with the aim of increasing Kazakhstan’s presence in international markets.
Why rebranding matters
As part of the transformation, Baiterek has launched a comprehensive rebranding of its subsidiary and affiliated organizations. This step is designed to support institutional and communication changes within the group.
The goal of the rebranding is to create a unified investment ecosystem, improve transparency across the holding’s structure, and make its financial and investment instruments easier for businesses and investors to navigate.
Transitioning to a single brand architecture is expected to strengthen trust among market participants and clearly reflect the holding’s new investment-driven model. Importantly, the rebranding will not affect the legal status or day-to-day operations of subsidiaries and will be implemented gradually, taking sector-specific characteristics into account.
What this means for the economy
Baiterek’s transformation reflects a broader shift in Kazakhstan’s economic policy - from targeted financial support toward active investment management and coordination.
If successfully implemented, the new model could accelerate the launch of major projects and enhance Kazakhstan’s attractiveness as an investment destination, positioning the holding as a central platform connecting the state, business, and investors.
