Baiterek board approves updated development plan through 2033
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The board of Baiterek National Investment Holding approved an updated development plan for 2024–2033 on August 27, 2026. The plan strengthens the holding's role in state investment policy and expands private capital mechanisms. It targets annual business financing of 8 trillion tenge with 1 trillion tenge in annual budget capitalization.
Key Facts
- The Baiterek board approved the updated development plan for 2024–2033 at a meeting chaired by Prime Minister Olzhas Bektenov on August 27, 2026.
- The plan sets annual business financing at 8 trillion tenge, supported by 1 trillion tenge in annual budget capitalization.
- Total financing under all support instruments reached 6.9 trillion tenge since the start of 2026, including 5.1 trillion tenge for entrepreneurship support.
- From 2029, Baiterek plans to gradually replace budget funding with market sources.
- The board also approved the holding's 2025 annual report and its 2025 sustainable development report.
Updated Development Plan
The board of Baiterek National Investment Holding approved an updated development plan for 2024–2033 at a meeting chaired by Prime Minister Olzhas Bektenov. The changes strengthen Baiterek's role in implementing state investment policy, expand private capital mechanisms, and create new approaches to supporting investment initiatives. The new operating model focuses on three strategic areas: efficient asset management, creating conditions for strong business development, and improving quality of life.
Financing and Budget Dependency
Baiterek plans to maintain annual business financing at 8 trillion tenge, supported by 1 trillion tenge in annual budget capitalization. Total financing under all support instruments reached 6.9 trillion tenge since the start of 2026, including 5.1 trillion tenge for entrepreneurship support. The financial model provides for a phased reduction in dependence on budget funds. Starting in 2029, Baiterek plans to gradually replace budget funding with market sources.
Investment Cycle and Reporting
The updated plan reinforces Baiterek's role as a strategic investor and key participant in the country's investment ecosystem. The holding will operate under a new investment cycle based on the 'investment order' principle, forming and supporting projects according to sectoral priorities and economic needs. The board also approved the holding's 2025 annual report and its 2025 sustainable development report.
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