BAKU, Azerbaijan, August 5. Kazakhstan’s Baiterek Holding plans to expand its investment and loan portfolios to 16.5 trillion tenge ($35.2 billion) as part of its long-term development strategy.
According to the press service of the President of Kazakhstan, this was stated by the Chairman of the Management Board Rustam Karagoishin during his meeting with President Kassym-Jomart Tokayev.
During the meeting, Karagoishin presented a report on the implementation of the President’s instructions and the holding’s key development priorities. According to him, Baiterek’s investment and loan portfolios have already reached 14.3 trillion tenge ($30.5 billion), while net profit remains above 400 billion tenge ($853.7 million) annually.
The head of the holding also reported on the results of Baiterek’s support programs. In 2025, assistance provided by the holding helped 77,500 families secure housing, including 11,600 citizens on housing waiting lists.
Over the past year, Baiterek financed 77 major projects and supported 27,400 small and medium-sized business projects. The holding also provided assistance to 131 exporters, supported 7,200 agricultural producers in carrying out spring field works and leased 11,400 units of agricultural machinery.
Karagoishin informed Tokayev about the ongoing transformation of Baiterek and the development of a new long-term strategy aimed at shifting the holding toward a proactive investment model. “The project envisages a transition to a proactive investment holding model focused on efficient asset management, creating conditions for strong businesses and improving the quality of life of the population,” the report said.
The meeting also covered investment projects planned for implementation. By the end of 2026, 26 projects focused on import substitution, export development and infrastructure are expected to be submitted to the Investment Council for consideration.
Tokayev highlighted the importance of maintaining sustainable economic growth, attracting long-term investment, strengthening support for small and medium-sized enterprises and improving housing affordability for citizens.
