Industrial Development Fund JSC, a subsidiary of the Development Bank of Kazakhstan and part of the structure of Baiterek National Managing Holding, systematically provides financial support to domestic producers, annually contributing on a systematic basis to both the creation of new enterprises and the comprehensive modernization of existing production facilities in the manufacturing and infrastructure sectors of the country. At the same time, the performance indicators of the development financial institution demonstrate steady growth, covering a wide range of government support measures, from the supply of high-tech equipment for Kazakh enterprises to new public transport used daily by hundreds of thousands of our citizens.
It should be emphasized that the main principle of the corporate policy of Industrial Development Fund JSC is the social orientation of projects that have a multiplicative, long-term effect both for the country's economy and positively affect Kazakhstanis, considering the creation of new jobs, improvement of working conditions, or the use of environmentally friendly shuttle buses.
According to the Chairman of the Board of Industrial Development Fund JSC Rinat Gapparov, the development financial institution provided financial support to about three hundred domestic enterprises this year.
- First of all, I would like to note the main indicator that has become the anchor indicator of the financial institution's activities. Since the beginning of 2025, investments attracted by the Industrial Development Fund to the real economy of the country exceeded 800 billion tenge. For this amount, projects were financed in the manufacturing and infrastructure sectors of the republic. From the point of view of the social component, thanks to the Fund's financial support, more than 3,000 new jobs were created. At the same time, the volume of the financial institution's portfolio reached 2.5 trillion tenge, the main part of which consists of small and medium-sized business projects, - emphasized the Chairman of the Board of Industrial Development Fund JSC Rinat Gapparov.
It should be noted that when selecting potential borrowers, the Fund focuses on domestic enterprises that objectively need government support measures. These are, first of all, producers who are aimed at expanding the range of Kazakh products, progressive import substitution, increasing the level of localization, and the emergence of new product items with the "Made in Kazakhstan" label.
Along with supporting manufacturing industry projects, the Fund actively promotes the renewal of the domestic fleet of the most diverse equipment, noted the Chairman of the Board of Industrial Development Fund JSC Rinat Gapparov.
- Supporting the development of the domestic transport and logistics industry is one of the main pillars of the Fund's activities. In 2025, thanks to the IDF's financial instruments, a number of departments and organizations involved in various spheres of the republic renewed a total of 5,657 units of domestically produced transport, including 1,266 passenger buses across the country, used daily by millions of citizens of our country, 629 units of special-purpose vehicles, 311 units of fire-fighting special vehicles, 6 helicopters and 3 airplanes performing rescue functions, 480 official vehicles for Kazakh law enforcement officers, 155 ambulances, 2,544 passenger and freight wagons, as well as 2 electric trains, each equipped with 6 comfortable cars. Thus, all types of transport in all regions of the country are used for the needs of the population, citizens of our republic, - emphasized the head of the Industrial Development Fund Rinat Gapparov.
In addition, since 2024, within the framework of the Concept for the Transition of the Republic of Kazakhstan to a "Green Economy," Industrial Development Fund JSC, together with the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan and Zhasyl Damu JSC, has been effectively implementing a program to support enterprises engaged in the sorting, processing and disposal of solid household waste, aimed at strengthening the environmental balance. During the program's operation, the Fund supported the creation and comprehensive modernization of 22 waste processing enterprises across the country.
The fundamental priority of Industrial Development Fund JSC is the publicity and maximum transparency of all activities aimed at systematic support of the industrial and manufacturing sectors in the country.
In this regard, to optimize business processes and reduce application review times, the "Personal Cabinet" system for submitting applications and contracts in online format is successfully functioning. This procedure, within the framework of digital development, simplifies the submission of applications and reduces the timeframe, as the applicant's personal presence is not required, since the application is signed with an EDS key.
The Industrial Development Fund will continue its efforts to support the manufacturing, infrastructure, and transport and logistics sectors aimed at economic development, ultimately contributing to the growth of the country’s GDP.
For reference: On October 3, 2025, the international rating agency Sustainable Fitch raised the Industrial Development Fund's overall score from 63 to 66. In addition, this year, the international agency Moody's confirmed the Fund's credit rating at "Baa3" level, outlook "positive." The high ratings of leading rating agencies are due to the progressive environmental and social policy that Industrial Development Fund JSC is purposefully pursuing.
