Industrial development fund

Industrial Development Fund JSC is a subsidiary of Development Bank of Kazakhstan JSC and is part of the structure of Baiterek National Managing Holding JSC.

Mission – To enhance national prosperity through the development of the industrial and infrastructure sectors.

Vision – To be a development financial institution ensuring sustainable growth of the industrial and infrastructure sectors, as well as promoting the development of the leasing market, including through funding of private leasing companies.

One of the key areas of activity of the Industrial Development Fund JSC is long-term leasing financing of projects that generate significant socio-economic impact.

Investment projects of the Industrial Development Fund JSC are implemented under the following programs:

• Leasing financing program for the modernization of the machine and tractor fleet within the framework of supporting domestic agricultural machinery manufacturers.
• Concept for the Development of the Manufacturing Industry of the Republic of Kazakhstan for 2023–2029.
• Leasing financing program for the renewal of the bus fleet within the framework of supporting domestic automobile manufacturers.