Industrial Development Fund JSC continues the implementation of a specialized leasing program aimed at financing the construction of small industrial zones throughout the Republic of Kazakhstan. The program offers a unified annual interest rate of 12.6%.
The primary objective of the program is to provide small and medium-sized enterprises (SMEs) with access to fully equipped, ready-to-use production facilities. Through the Fund’s financial support, favorable conditions are being created to stimulate entrepreneurship and strengthen domestic manufacturing capabilities.
One of the key challenges faced by new manufacturers is securing appropriate production premises, whether through purchase or lease. This initiative is designed to address that challenge, offering practical support for both industrial startups and existing enterprises seeking to expand their operations.
The small industrial zones will be developed on land plots either owned or leased by developers. Each zone must cover a minimum area of 1,500 square meters, with at least 80% of the space allocated for SME occupancy. This arrangement enables entrepreneurs to access production spaces at significantly lower rates compared to market prices, thereby offering an additional incentive for business development.
The creation of small industrial zones, supported by the Industrial Development Fund JSC, is focused on achieving the following key objectives:
- Providing infrastructure support for entrepreneurs – delivering accessible and functional production bases for SMEs, helping reduce initial setup costs and enabling businesses to concentrate on scaling production;
- Enhancing competitive production capacities – supporting both existing enterprises and the launch of new manufacturing projects, contributing added value to the national economy;
- Promoting local employment – the development of SMEs within these zones will help generate new jobs and stimulate economic activity at the local level.
Moreover, the establishment of small industrial zones is expected to have a multiplier effect on the national economy, increasing the share of SMEs and expanding the tax base, which in turn contributes to long-term sustainable growth.
