The Development Bank of Kazakhstan (a subsidiary of Baiterek Holding) plans to participate in financing 14 out of 17 strategic national projects. Its potential contribution may reach 2.6 trillion tenge, while total investments in these initiatives amount to 6.9 trillion tenge. The projects aim to form future metallurgical and agro-industrial clusters.
Key Projects
Ekibastuz, Mineral Product International — a ferroalloy plant with an annual capacity of 80,000 tonnes. Will create 527 permanent and over 1,000 temporary jobs. The first phase of the Pavlodar metallurgy cluster has been approved by DBK.
Karaganda Region, Qarmet — modernization project with new coke oven batteries No. 8–9 (2.45 million t/year) and a gas pipeline. Currently in the third expert review stage.
Kostanay Region, QazIron (ERG) — an HBI plant with a capacity of 2 million t/year, employing around 3,000 people. Second stage of document collection.
Abai Region, KAZ Minerals Smelting — a copper smelter with an annual output of 300,000 tonnes. First stage of document collection.
Astana, Kazak Protein — an agro-industrial complex for deep wheat and pea processing; third expert review stage. Products include vital wheat gluten and modified starches. Together with Qostanai Grain Industry, it will form a grain processing cluster.
All projects meet the criteria: minimum 100 billion tenge, high processing level, strategic relevance, export focus, and import substitution.
The government has identified 17 major projects worth 16 trillion tenge in total, expected to create over 28,000 jobs. Two plants — KIA and the multibrand Chery/Haval/Changan facility — are already operational; the others are in progress.
Source: Ministry of National Economy