Professionals dedicated to furthering Kazakhstan

hands and plans

How Baiterek works with the Government

Baiterek is closely connected with the Government of the Republic of Kazakhstan, which is the sole shareholder and participates management. Investors and partners of Baiterek can be sure that they are financing projects which are aligned with the national priorities and policy. Baiterek simplifies investor-Government relations using efficient established coaction. 


Information about Baiterek Holding

“Baiterek” National Managing Holding JSC (hereinafter referred to as “Baiterek” NMH” JSC, Baiterek Holding, Holding) is the key institution of the Government of the Republic of Kazakhstan that meets the advanced standards of corporate governance and ensures the implementation of objectives for the sustainable development of the economy of Kazakhstan through its diversification, support for innovations, exports development, increase in labor productivity.
The sole shareholder of “Baiterek” NMH” JSC is the Government of the Republic of Kazakhstan.
Baiterek Holding is an integrated development institution that consists of 61 organizations, including 11 subsidiary organizations, more than fifty percent of voting shares (equity interests in the charter capital) of which are directly or indirectly owned by the Holding on the basis of ownership right: 10 joint-stock companies with 100 percent participation of the Holding and one limited liability partnership with 97 percent participation.
The mission of “Baiterek” NMH JSC is contribution to the sustainable economic development of the Republic of Kazakhstan to implement the public policy and achieve the goals set out by the Strategy - 2050.
Strategic directions of the activities:
Support for entrepreneurship in the segment of large-sized businesses;
Support for entrepreneurship in the SME segment;
Increase in housing affordability;
Increase in export potential;
Transfer and introduction of innovations.


Baiterek's role in state programs

Baiterek Holding is the key operator in the implementation of the following state and government programs:

The Plan of the Nation - “100 Concrete Steps”.

Goal: creation of a new source for dynamic growth of companies that can become competitive leaders in Kazakhstan, the EAEU (Eurasian Economic Union) and internationally.

The Holding is responsible for the implementation of the 62nd Step of the Plan of the Nation: the “Leaders of Competitiveness - National Champions 2.0” Program

“Nurly Zhol” State Infrastructure Development Program for 2015-2019

Goal: ensuring long-term economic growth of Kazakhstan due to the homogenization of the economy, integration of macro-regions, integration into the international transport system and fulfillment of transit potential

“Nurly Zher” State Housing Construction Program

Goal: improvement of financial affordability of housing for the public

State Program for Industrial and Innovative Development for 2015-2019

Goal: increase in labor productivity and volume of processed goods exports through the stimulation of competitiveness in manufacturing industry.

“Business Roadmap 2020” State Program for Entrepreneurs Support

Goal: ensuring sustainable, balanced growth of regional businesses while maintaining the existing jobs and creating new ones

Board of Directors

Askar Mamin
Askar Mamin
Chairman of the Board of Directors
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Suleimenov Timur Muratovich
Member of the Board of Directors
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Roman Sklyar
Roman Sklyar
Member of the Board of Directors
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Смаилов Алихан Асханович
Alikhan Smailov
Member of the Board of Directors
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Beibut Atamkulov
Member of the Board of Directors
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Ruslan Dalenov
Member of the Board of Directors
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Aidar Arifkhanov
Member of the Board of Directors
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Arifkhanov Aidar Abdrazakhovich
Chairman of the Management Board
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Омарходжаев А.С.
Omarkhojayev Anuar Sagynaliyevich
Deputy Chairman of the Management Board
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Karagoishin Rustam
Deputy Chief Executive Officer
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Kuatova Ainur Sainovna
Managing Director for Project Financing and Investors Cooperation, member of the Board
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Хамитов Е.Е.
Khamitov Yersain Yerbulatovich
Managing Director for Economy and Finance, Member of the Board
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Zhanke Timur
Chief Construction Officer, member of the Board
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Omarov Marat
Chief Strategy Officer, member of the Board
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Akrachkova Dina Viktorovna
Chief of Administrative Office
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Nurgozhin Adil Yergaliuly
Chief Digital Officer
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Shamshin Arman Nurzhanovich
Chief Human Resources Officer
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Our subsidiaries

The Holding has 11 subsidiaries, each of which fulfills its role in the country's economy.


While supporting large-scale enterprises, the “Development Bank of Kazakhstan” JSC“KazakhExport” Export Insurance Company” JSC“Kazyna Capital Management” JSC, “Kazakhstan Project Preparation Fund” LLP and the “Investment Fund of Kazakhstan” JSC provide the support tools such as debt and equity financing, insurance of export operations, lease financing and consulting for projects structuring and administration, including those being implemented under the PPP mechanism.


As for small and medium-scale businesses, “Damu” Entrepreneurship Development Fund” JSC  provides enterprises with three support tools: interest rates subsidizing, loans guaranteeing and conditional investment of funds in second-tier banks.


The “Housing Construction Savings Bank of Kazakhstan” JSC“Kazakhstan Mortgage Company” JSC“Housing Construction Guarantee Fund” JSC  and “Baiterek Development” JSC focus on increasing the financial affordability of housing through the development of financing, mortgage lending, subsidies and housing rental.


Moreover, the Development Bank of Kazakhstan and KazakhExport are supporting non-resource-based exporters, and QazTech Ventures, being a ‘fund of funds’, contributes to the development of technopreneurship through the tools of venture financing, business incubation and technology consulting.