President Kassym-Jomart Tokayev received Rustam Karagoishin, Chairman of the Board
of Baiterek Holding, who presented a report on
the holding’s performance and the implementation of the given instructions. Thus, the holding’s investment
and loan portfolios have exceeded 14 trillion tenge and are projected to grow
to 16.5 trillion tenge. Annual net profit now exceeds 400 billion tenge. With
Baiterek’s support, 77 major
projects and more than 27,000 small and medium-sized business initiatives were
financed in 2025. The holding also supported more than 130 exporters and 7,000
agricultural producers. The President was also presented with the holding’s new long-term development strategy and informed about
preparations of 26 investment
projects focused on import substitution, exports, and infrastructure. Following
the meeting, President Tokayev instructed to strengthen support for small and
medium-sized businesses, attract long-term investment, and improve housing
affordability for citizens.
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