About company

About "Industrial Development Fund" JSC

Joint Stock Company Industrial Development Fund is a subsidiary of «Development Bank of Kazakhstan» JSC and is part of the structure of the JSC «National Managing Holding Company «Baiterek». "IDF" JSC was established on September 6, 2005 in order to expand the instruments of financing investment projects provided by Development Bank of Kazakhstan JSC.

The purpose of establishing "IDF" JSC is to implement, improve and enhance the efficiency of the state investment policy through leasing, development of manufacturing industry, production infrastructure, as well as assistance in attracting external and internal investments into the economy of Kazakhstan.

The mission of the Companyis to assistance in modernization and updating of fixed assets of enterprises in the sectors of industry and infrastructure


"IDF" JSC as an instrument of effective investment policy is a conductor of the Unified Business Support and Development Program «Business Road Map 2020», «the program for supporting domestic car manufacturers» and finances both priority sectors and commercial projects. "IDF" is focused on investing in high-tech and long-term projects. The company has experience in working with large investment and infrastructure projects on various financing instruments.


in the leasing market

322bln KZT

the volume of all implemented projects

1st place

by volume of new transactions in 2017

market share 67%

2nd place

of portfolio size

191,6 bln KZT as of 01.01.2019


Credit rating


Our projects

The construction of a wind farm «Astana EXPO-2017»

Since June 2017, IDF JSC started financing the project (First launch complex at 50 MW). The project is being implemented as part of the Unified Business Support and Development Program “Business Roadmap 2020”, one of the priority tasks of which is to increase the volume of manufactured products of the manufacturing industry. The project provides for the construction of a wind farm, within which the production capacity will be 130 million kW * h. in year.

Acquisition of passenger cars from a Kazakhstani manufacturer

The project plans to purchase 62 units of passenger cars. The project will allow updating the existing fleet of passenger cars, increasing passenger traffic on socially significant routes of the country and improving traffic safety in the Republic of Kazakhstan. The project is being implemented as part of the Decree of the Government of the Republic of Kazakhstan No.170 dated 04.04.2017.