Industry: Manufacturing Sector: Iron Casting Manufacturing
The project—"Creation of a Cast Iron Casting Plant in the Industrial Zone of Kostanay"—was envisaged for a total amount of KZT 63,500,000 thousand, with KZT 58,286,000 thousand financed by the Fund. The full financing amount was utilized in 2024. The goal of the project is to establish a plant for the production of iron castings. The plant is expected to produce approximately 45,000 to 46,000 tons of castings annually and generate export revenues of up to KZT 644 million from non raw material products between 2024 and 2041. Additionally, the project will create around 297 new jobs. The project was put into operation on November 29, 2024.
The project—"Creation of a Cast Iron Casting Plant in the Industrial Zone of Kostanay"—was envisaged for a total amount of KZT 63,500,000 thousand, with KZT 58,286,000 thousand financed by the Fund. The full financing amount was utilized in 2024. The goal of the project is to establish a plant for the production of iron castings. The plant is expected to produce approximately 45,000 to 46,000 tons of castings annually and generate export revenues of up to KZT 644 million from non raw material products between 2024 and 2041. Additionally, the project will create around 297 new jobs. The project was put into operation on November 29, 2024.
Project to Create a Cast Iron Casting Plant in the Industrial Zone of Kostanay at the Request of KamLitKZ LLP
Export Finance
Projects Financed in 2024 under the State Program for Industrial and Innovative Development
Modernization of Corrugated Packaging Production Line in Almaty Region for Production of Paper and Cardboard Packaging at the Request of KZ Recycling LLP
Industry: Manufacturing Industry Sector: Paper and Cardboard Production
In 2024, the Fund supported the project—"Modernization of Corrugated Packaging Production Line in Almaty Region for Production of Paper and Cardboard Packaging"—with a total cost of KZT 5,142.3 million. The Fund f inanced KZT 3,984.1 million, which has been fully utilized. The project aims to modernize the corrugated packaging production line, increasing the production capacity from 117 million m² to 177 million m² of finished products per year. The modernization is expected to create 61 new jobs. The project was put into operation on December 24, 2024.
In 2024, the Fund supported the project—"Modernization of Corrugated Packaging Production Line in Almaty Region for Production of Paper and Cardboard Packaging"—with a total cost of KZT 5,142.3 million. The Fund f inanced KZT 3,984.1 million, which has been fully utilized. The project aims to modernize the corrugated packaging production line, increasing the production capacity from 117 million m² to 177 million m² of finished products per year. The modernization is expected to create 61 new jobs. The project was put into operation on December 24, 2024.
Industry: Manufacturing
Sector: Manufacture of Rubber Tires and Chambers; Restoration of Rubber Tires
In 2024, the Fund continued financing the "Organiza tion of Tire Production in Saran, Karaganda Region" project at the request of Tengri Tyres LLP (formerly KamaTyresKZ LLP), a joint venture of the PJSC "Tatneft" Group and AllurAuto, for a total amount of KZT 80,046,800 thousand. This includes KZT 66,422,400 thousand in financing to establish a new production facility.
The leasing transaction will enable the purchase of modern automated equipment for tire production at the Saran plant, where operations are already underway.
The financing, provided within the framework of state programs by the Government of the Republic of Kazakhstan, is part of the state support for the project. The project involves the acquisition of equipment from leading global manufac turers such as MESNAC, KONŠTRUKTA, Vipo, PROZAX, Comerio Ercole, and NAKATA ENGINEERING.
Sector: Manufacture of Rubber Tires and Chambers; Restoration of Rubber Tires
In 2024, the Fund continued financing the "Organiza tion of Tire Production in Saran, Karaganda Region" project at the request of Tengri Tyres LLP (formerly KamaTyresKZ LLP), a joint venture of the PJSC "Tatneft" Group and AllurAuto, for a total amount of KZT 80,046,800 thousand. This includes KZT 66,422,400 thousand in financing to establish a new production facility.
The leasing transaction will enable the purchase of modern automated equipment for tire production at the Saran plant, where operations are already underway.
The financing, provided within the framework of state programs by the Government of the Republic of Kazakhstan, is part of the state support for the project. The project involves the acquisition of equipment from leading global manufac turers such as MESNAC, KONŠTRUKTA, Vipo, PROZAX, Comerio Ercole, and NAKATA ENGINEERING.
Organization of Tire Production in Saran, Karaganda Region at the Request of Tengri Tyres LLP (formerly KamaTyresKZ LLP)
The technological level of the project will allow the automation of most production processes. However, the enterprise will provide employment for more than 1,116 people, with over 2,000 builders required during its creation. The new plant will have an annual capacity to produce 3 million passenger and light-cargo tires, as well as 0.5 million all-metal-cord truck tires. The production will supply the initial set-up of cars produced in Kazakhstan, cater to the secondary market, and export to CIS The plant was commissioned on June 30, 2024.
Project to Create a Plant for the Production of Main Transmissions for Leading Bridges in the Industrial Zone of Kostanay at the Request of KamLitKZ LLP (Second Transaction)
Industry: Manufacturing Industry
Sector: Production of Main Transmissions for Leading Bridges
In 2024, the Fund completed the financing of the project "Construction of a Plant for the Production of Main Transmissions for Leading Bridges in the Industrial Zone of Kostanay" at the request of KamLitKZ LLP. The total project cost was KZT 72,500,000 thousand, with KZT 66,776,498 thousand utilized for the establishment of a new production facility by KamLitKZ LLP. The project aims to set up a plant for producing main transmissions for freight vehicle bridges. As part of the project, it is planned to manufacture an average of 71,000 tons of reducers annually, facilitate the export of non-raw material products worth KZT 43 billion annually, and create approxi mately 360 new jobs. The plant is expected to be commissioned in 2025.
Sector: Production of Main Transmissions for Leading Bridges
In 2024, the Fund completed the financing of the project "Construction of a Plant for the Production of Main Transmissions for Leading Bridges in the Industrial Zone of Kostanay" at the request of KamLitKZ LLP. The total project cost was KZT 72,500,000 thousand, with KZT 66,776,498 thousand utilized for the establishment of a new production facility by KamLitKZ LLP. The project aims to set up a plant for producing main transmissions for freight vehicle bridges. As part of the project, it is planned to manufacture an average of 71,000 tons of reducers annually, facilitate the export of non-raw material products worth KZT 43 billion annually, and create approxi mately 360 new jobs. The plant is expected to be commissioned in 2025.
Industry: Manufacturing
Sector: Production of Paper and Cardboard Articles
In 2024, the Fund will continue financing the project for a total amount of 5,443.4 million tenge, including 3,857.1 million tenge in financing. The project aims to expand the existing production capacity and product range for manufac turing carton packaging for liquid products (Pure-Pak). As part of this initiative, annual production volumes are expected to increase to 327 million pieces per year, and 16 new jobs will be created. The project is scheduled for commissioning in the third quarter of 2025.
Sector: Production of Paper and Cardboard Articles
In 2024, the Fund will continue financing the project for a total amount of 5,443.4 million tenge, including 3,857.1 million tenge in financing. The project aims to expand the existing production capacity and product range for manufac turing carton packaging for liquid products (Pure-Pak). As part of this initiative, annual production volumes are expected to increase to 327 million pieces per year, and 16 new jobs will be created. The project is scheduled for commissioning in the third quarter of 2025.
Acquisition of Technological Equipment for Cardboard Packaging for Liquid Products (Pure-Pak) by Kazpoligraph LLP (3rd Deal)
Modernization of the Existing Production by Bolshevik PC
Industry: Manufacturing
Sector: Production of Workwear
In 2024, the Fund continued financing the Moderniza tion of the Existing Production by Bolshevik PC project for a total amount of KZT 1,085.8 million, including KZT 723.6 million in financing. Of this amount, KZT 434.7 million has already been utilized. The project aims to increase production volumes, expand the product range, enhance labor productivity, improve product quality, and shift towards the production of additional product types. The introduction of sewing edge stitching machines will allow not only for sewing material edges to prevent fraying but also for stitching garment details, particularly in knitwear production. The modernization is expected to create 50 new jobs, with a production capacity of 87,360 units per year. The project is scheduled to be commissioned on December 28, 2024.
Sector: Production of Workwear
In 2024, the Fund continued financing the Moderniza tion of the Existing Production by Bolshevik PC project for a total amount of KZT 1,085.8 million, including KZT 723.6 million in financing. Of this amount, KZT 434.7 million has already been utilized. The project aims to increase production volumes, expand the product range, enhance labor productivity, improve product quality, and shift towards the production of additional product types. The introduction of sewing edge stitching machines will allow not only for sewing material edges to prevent fraying but also for stitching garment details, particularly in knitwear production. The modernization is expected to create 50 new jobs, with a production capacity of 87,360 units per year. The project is scheduled to be commissioned on December 28, 2024.
Creation of a High-Tech Complex for the Production of Mirrors at the Request of AynaGlass LLP
Industry: Manufacturing
Sector: Forming and Processing of Sheet Glass
In 2024, the Fund financed the project of AynaGlass LLP in the amount of 1,245.2 million tenge. The project involves the establishment of a high-tech production complex for mirror production, with an annual production capacity of 720,000 square meters, located in the industrial zone of Kyzylorda city. This initiative will create 55 new jobs and contribute to an increase in tax payments to the budget.
Sector: Forming and Processing of Sheet Glass
In 2024, the Fund financed the project of AynaGlass LLP in the amount of 1,245.2 million tenge. The project involves the establishment of a high-tech production complex for mirror production, with an annual production capacity of 720,000 square meters, located in the industrial zone of Kyzylorda city. This initiative will create 55 new jobs and contribute to an increase in tax payments to the budget.
Industry: Manufacturing
Sector: Aluminum Production
В 2024 году Фондом профинансирован проект ТОО «Компания Сев-Регион Строй» на сумму 1 724,4 млн тенге. Проект предусматривает создание завода по изготовлению алюминиевого проката, с планируемой мощностью 533 тыс. погонных метров алюминиевого профиля в год в Акмолинской области, в с. Коянды. Проект позволит создать 127 новых рабочих мест и увеличить выплаты налогов в бюджет.
Sector: Aluminum Production
В 2024 году Фондом профинансирован проект ТОО «Компания Сев-Регион Строй» на сумму 1 724,4 млн тенге. Проект предусматривает создание завода по изготовлению алюминиевого проката, с планируемой мощностью 533 тыс. погонных метров алюминиевого профиля в год в Акмолинской области, в с. Коянды. Проект позволит создать 127 новых рабочих мест и увеличить выплаты налогов в бюджет.
Construction of a Plant for the Manufacture of Aluminum Rolled Products at the Request of Company Sev-Region Stroy LLP
Construction of a Juice Production Complex at the Request of Kazygurt Baktary SPK
Industry: Manufacturing
Sector: Production of Fruit and Vegetable Juices
In 2024, the Fund financed the project of Kazygurt Baktary SPK for the amount of 2,073.1 million tenge. The project involves the organization of apple juice production with a capacity of 8.7 million liters per year, along with a fruit storage and sorting complex in Turkestan region, Tolebi district, Abai village. The project will create 89 jobs and increase tax payments to the budget
Sector: Production of Fruit and Vegetable Juices
In 2024, the Fund financed the project of Kazygurt Baktary SPK for the amount of 2,073.1 million tenge. The project involves the organization of apple juice production with a capacity of 8.7 million liters per year, along with a fruit storage and sorting complex in Turkestan region, Tolebi district, Abai village. The project will create 89 jobs and increase tax payments to the budget
Industry: Manufacturing
Sector: Production of Stop Valves
In 2024, the Fund financed the project for the amount of 1,294.2 million tenge. KZT 1,294.2 million was utilized. The project involves the complete re-equipment of the plant for the production of stop valves, which will fully automate the production process. This will increase the capacity of the enterprise from 4.5 thousand pieces to 45 thousand pieces of gates, gate valves, and ball valves per year in Almaty region. The project will create 150 new jobs and increase tax pay ments to the budget. On December 24, 2024, the leasing items purchased under the support of the Fund were put into operation.
Sector: Production of Stop Valves
In 2024, the Fund financed the project for the amount of 1,294.2 million tenge. KZT 1,294.2 million was utilized. The project involves the complete re-equipment of the plant for the production of stop valves, which will fully automate the production process. This will increase the capacity of the enterprise from 4.5 thousand pieces to 45 thousand pieces of gates, gate valves, and ball valves per year in Almaty region. The project will create 150 new jobs and increase tax pay ments to the budget. On December 24, 2024, the leasing items purchased under the support of the Fund were put into operation.
Localization of Production of Stop Valves in the Republic of Kazakhstan at the Request of KZTA - Kazakhstan Pipe Fittings Plant LLP
Production of Dry Building Materials at the Request of Asar Building Mixes LLP
Industry: Manufacturing
Sector: Production of Mortars
ding Mixes LLP in the amount of 650.4 million tenge. The project involves the creation of a new production facility for dry building materials in the village of KazCIC, Almaty region. This project will create 42 new jobs and contribute to an increase in tax payments to the budget.
Sector: Production of Mortars
ding Mixes LLP in the amount of 650.4 million tenge. The project involves the creation of a new production facility for dry building materials in the village of KazCIC, Almaty region. This project will create 42 new jobs and contribute to an increase in tax payments to the budget.
Industry: Manufacturing
Sector: Production of Other Basic Inorganic Chemicals, Production of Polymers in Primary Forms from Hydrocarbon Raw Materials
In 2024, the Fund financed the project of LLP Innovation Complex 'Sastobe' in the amount of 34,772.9 million tenge. The project involves the creation of new production for caustic soda, polyvinyl chloride (PVC), and calcium carbide. It will provide production volumes of: · 50% NaOH in aqueous solution (in terms of 100%) up to 50,000 tons per year · 99% granulated caustic soda in solid form (in terms of 100%) up to 50,000 tons per year · Liquid chlorine up to 12,000 tons per year · PVC up to 120,000 tons per year. The project will be located in Turkestan region, Tulkubas district. It will create up to 1,000 jobs during construction and 346 jobs during operation, along with an increase in tax payments to the budget
Sector: Production of Other Basic Inorganic Chemicals, Production of Polymers in Primary Forms from Hydrocarbon Raw Materials
In 2024, the Fund financed the project of LLP Innovation Complex 'Sastobe' in the amount of 34,772.9 million tenge. The project involves the creation of new production for caustic soda, polyvinyl chloride (PVC), and calcium carbide. It will provide production volumes of: · 50% NaOH in aqueous solution (in terms of 100%) up to 50,000 tons per year · 99% granulated caustic soda in solid form (in terms of 100%) up to 50,000 tons per year · Liquid chlorine up to 12,000 tons per year · PVC up to 120,000 tons per year. The project will be located in Turkestan region, Tulkubas district. It will create up to 1,000 jobs during construction and 346 jobs during operation, along with an increase in tax payments to the budget
Construction of the Innovation Complex for the Production of Caustic Soda and Polyvinyl Chloride (PVC) at the Request of Innovation Complex 'Sastobe' LLP
Non-Woven Geotextile Fabric Plant in SEZ NINT by INTAGO-KAZAKHSTAN LLP
Industry: Manufacturing
Sector: Production of Nonwoven Textile Articles (Except Apparel)
In 2024, the Fund continued financing the Non Woven Geotextile Fabric Plant in SEZ NINT project by INTAGO KAZAKHSTAN LLP for a total amount of KZT 1,365 million, including KZT 612.9 million in financing. Of this amount, KZT 612.9 million has already been utilized. The project aims to establish a modern export oriented enterprise for the production of non-woven geosynthetic materials, contributing to the development of industrial infrastructure in Kazakhstan. The facility will have an annual production capacity of 15,120,000 square meters (or 3,600 tons) of non-woven geotextile fabric and will create 36 new jobs. The plant was commissioned on September 27, 2024
Sector: Production of Nonwoven Textile Articles (Except Apparel)
In 2024, the Fund continued financing the Non Woven Geotextile Fabric Plant in SEZ NINT project by INTAGO KAZAKHSTAN LLP for a total amount of KZT 1,365 million, including KZT 612.9 million in financing. Of this amount, KZT 612.9 million has already been utilized. The project aims to establish a modern export oriented enterprise for the production of non-woven geosynthetic materials, contributing to the development of industrial infrastructure in Kazakhstan. The facility will have an annual production capacity of 15,120,000 square meters (or 3,600 tons) of non-woven geotextile fabric and will create 36 new jobs. The plant was commissioned on September 27, 2024
Increasing the Localization Level of Beams for Drive Axles of Commercial Vehicles at the Request of KamLitKZ LLP (Third Deal)
Industry: Manufacturing Sector: Production of Main Gears for Drive Axles
In 2024, the Fund started financing the "Increasing the Localization Level of Beams for Drive Axles of Commercial Vehicles" project, requested by KamLitKZ LLP, for a total amount of KZT 59,920,030 thousand. This includes KZT 55,000,000 thousand in financing for the creation of a new production facility by KamLitKZ LLP. The project's goal is to develop, by 2025, production sites for the mechanical processing of beams for drive axles of commercial vehicles in the automotive sector of the Republic of Kazakhstan. The project plans to produce an average of 101,000 units of beams for drive axles annually, with a projected average annual revenue of KZT 6-7 billion, and to create or preserve approximately 100 jobs. The commissioning of the plant is scheduled for the third quarter of 2025.
In 2024, the Fund started financing the "Increasing the Localization Level of Beams for Drive Axles of Commercial Vehicles" project, requested by KamLitKZ LLP, for a total amount of KZT 59,920,030 thousand. This includes KZT 55,000,000 thousand in financing for the creation of a new production facility by KamLitKZ LLP. The project's goal is to develop, by 2025, production sites for the mechanical processing of beams for drive axles of commercial vehicles in the automotive sector of the Republic of Kazakhstan. The project plans to produce an average of 101,000 units of beams for drive axles annually, with a projected average annual revenue of KZT 6-7 billion, and to create or preserve approximately 100 jobs. The commissioning of the plant is scheduled for the third quarter of 2025.
Establishment of Production of Wheel Sets for Railway Equipment in the Territory of the Special Economic Zone "Saryarka" at the Request of Arcus INVEST LLP
Industry: Manufacturing Industry Sector: Manufacture of Finished Metal Products or Semi-Finished Products by Forging, Pressing, Stamping, and Rolling
In 2023, the project—"Establishment of Production of Wheel Sets for Railway Equipment in the Territory of the Special Economic Zone 'Saryarka'"—was approved. In 2024, the Fund f inanced the project in the amount of KZT 962,347.45 thousand. The project aims to establish a production facility with the capacity to produce 5,000-wheel sets and repair 5,000-wheel sets annually. This initiative is crucial for the market, particularly in the current geopolitical context, and aligns with the objectives of import substitution and the development of the "Saryarka" special economic zone. The implementation of this project will have a significant economic impact on the mechanical engineering industry.
In 2023, the project—"Establishment of Production of Wheel Sets for Railway Equipment in the Territory of the Special Economic Zone 'Saryarka'"—was approved. In 2024, the Fund f inanced the project in the amount of KZT 962,347.45 thousand. The project aims to establish a production facility with the capacity to produce 5,000-wheel sets and repair 5,000-wheel sets annually. This initiative is crucial for the market, particularly in the current geopolitical context, and aligns with the objectives of import substitution and the development of the "Saryarka" special economic zone. The implementation of this project will have a significant economic impact on the mechanical engineering industry.
Budget Program for Manufacturing Industry Projects (3% & 9%)
Acquisition of Equipment at the Request of Qarmet JSC
Industry: Manufacturing Industry
Sector: Metallurgical Industry
In 2024, financing for the project "Acquisition of Equipment" was approved and initiated for a total amount of 52,740.1 million tenge, including the amount of financing of 43,774.3 million tenge. The purpose of the project is to modernize existing production, purchase new equipment, expand production capacity, and increase output. Implementation of the project will ensure: · Modernization of the existing enterprise. · An increase in tax payments from 5.4 billion tenge in 2025 to 55.1 billion tenge in 2034.
Sector: Metallurgical Industry
In 2024, financing for the project "Acquisition of Equipment" was approved and initiated for a total amount of 52,740.1 million tenge, including the amount of financing of 43,774.3 million tenge. The purpose of the project is to modernize existing production, purchase new equipment, expand production capacity, and increase output. Implementation of the project will ensure: · Modernization of the existing enterprise. · An increase in tax payments from 5.4 billion tenge in 2025 to 55.1 billion tenge in 2034.
Construction of a Plant for the Production of Gelatin on the Territory of the Special Economic Zone Jibek Joly at the Request of Taraz Gelatin LLP
Industry: Manufacturing Industry
Sector: Gelatin Production
In 2024, the Fund financed the project of Taraz Gelatin LLP in the amount of 2,061.8 million tenge. The project involves the organization of a high-tech production complex for the production of gelatin, with an output of 3,000 tons of gelatin and 1,000 tons of collagen on the territory of the Special Economic Zone Jibek Joly in Zhambyl region. The project will create 83 new jobs and increase tax payments to the budget
Sector: Gelatin Production
In 2024, the Fund financed the project of Taraz Gelatin LLP in the amount of 2,061.8 million tenge. The project involves the organization of a high-tech production complex for the production of gelatin, with an output of 3,000 tons of gelatin and 1,000 tons of collagen on the territory of the Special Economic Zone Jibek Joly in Zhambyl region. The project will create 83 new jobs and increase tax payments to the budget
Industry: Manufacturing Industry
Sector: Production of Hydrogen Peroxide (Peroxide)
In 2024, the Fund financed the project of Kazakhstan Hydrogen Peroxide LLP in the amount of 16,991.6 million tenge. The project involves the establishment of hydrogen peroxide (60%) production in the Republic of Kazakhstan, with a production capacity of 30,000 tons per year on the territory of the Special Economic Zone Jibek Joly in Zhambyl region. The project will create 96 new jobs and increase tax payments to the budget
Sector: Production of Hydrogen Peroxide (Peroxide)
In 2024, the Fund financed the project of Kazakhstan Hydrogen Peroxide LLP in the amount of 16,991.6 million tenge. The project involves the establishment of hydrogen peroxide (60%) production in the Republic of Kazakhstan, with a production capacity of 30,000 tons per year on the territory of the Special Economic Zone Jibek Joly in Zhambyl region. The project will create 96 new jobs and increase tax payments to the budget
Construction of a Plant for the Production of Hydrogen Peroxide (Peroxide) at the Request of Kazakhstan Hydrogen Peroxide LLP
Construction of an Industrial Complex for the Production of Aluminum-Based Powders and Powders on the Territory of the Industrial Zone of Almaty at the Request of Otyrar Aluminium LLP
Industry: Manufacturing Industry
Sector: Aluminum Production
In 2024, the Fund financed the project of Otyrar Aluminium LLP in the amount of 997.5 million tenge. The project involves the construction of an industrial complex for the production of aluminum-based powders in the Almaty region, on the territory of the Industrial Zone in Almaty. The project will create 27 new jobs and increase tax payments to the budget.
Sector: Aluminum Production
In 2024, the Fund financed the project of Otyrar Aluminium LLP in the amount of 997.5 million tenge. The project involves the construction of an industrial complex for the production of aluminum-based powders in the Almaty region, on the territory of the Industrial Zone in Almaty. The project will create 27 new jobs and increase tax payments to the budget.
Industry: Manufacturing Industry
Sector: Confectionery Production
In 2024, the Fund started financing the project of Bakerton LLP in the amount of 4,268.3 million tenge. The project provides for the construction of a confectionery production plant with a capacity of 15,204 tons of finished products per year in the Qyzyljar FEZ. The first phase of the project involves the installation of a donut line with a capacity of 7,602 tons per year. The project will create 230 new jobs and increase tax payments to the budget.
Sector: Confectionery Production
In 2024, the Fund started financing the project of Bakerton LLP in the amount of 4,268.3 million tenge. The project provides for the construction of a confectionery production plant with a capacity of 15,204 tons of finished products per year in the Qyzyljar FEZ. The first phase of the project involves the installation of a donut line with a capacity of 7,602 tons per year. The project will create 230 new jobs and increase tax payments to the budget.
Construction of a Plant for the Production of Confectionery Products in the North Kazakhstan Region of the Republic of Kazakhstan with a Capacity of 15,204 Tons of Finished Products per Year: Phase 1 - Donut Line with a Capacity of 7,602 Tons per Year at the Request of Bakerton LLP
Organization of the Third Stage of Production of Aluminum Containers at the Request of QazAlPack LLP
Industry: Manufacturing Industry
Sector: Metalworking
The total project cost is 21,665 million tenge, with f inancing amounting to 18,398.4 million tenge, of which 16,466.6 million tenge has been utilized. The purpose of this project is to purchase equipment for the production of aluminum cans and lids, with a production volume of up to 2.4 billion pieces per year. The implementation of the project will create 103 new jobs. During the term of the project, tax payments of 6,954 million tenge are anticipated. The project is scheduled to be put into operation on December 30, 2024.
Sector: Metalworking
The total project cost is 21,665 million tenge, with f inancing amounting to 18,398.4 million tenge, of which 16,466.6 million tenge has been utilized. The purpose of this project is to purchase equipment for the production of aluminum cans and lids, with a production volume of up to 2.4 billion pieces per year. The implementation of the project will create 103 new jobs. During the term of the project, tax payments of 6,954 million tenge are anticipated. The project is scheduled to be put into operation on December 30, 2024.
Industry: Road Freight Transport
Since 2015, the Fund has been the operator of the program supporting domestic car manufacturers by providing leasing financing to legal entities and individual entrepreneurs for the purchase of vehicles and special purpose automotive equipment of domestic production, excluding agricultural machinery and passenger cars. The terms of leasing financing for legal entities and individual entrepreneurs for the purchase of vehicles and special-purpose automotive equipment of domestic production, excluding agricultural machinery, are as follows:
Since 2015, the Fund has been the operator of the program supporting domestic car manufacturers by providing leasing financing to legal entities and individual entrepreneurs for the purchase of vehicles and special purpose automotive equipment of domestic production, excluding agricultural machinery and passenger cars. The terms of leasing financing for legal entities and individual entrepreneurs for the purchase of vehicles and special-purpose automotive equipment of domestic production, excluding agricultural machinery, are as follows:
- Leasing term: From 3 to 5 years
- Financing currency: Tenge
- Nominal reward rate: 3% per annum № 1 2 Domestic car manufacturer SemAZ LLP KAMAZ-Engineering JSC
- Initial payment (advance) for the lease: 30% of the leasing object's cost
- Grace period for the repayment of the principal debt: Up to 6 months
- Additional costs (insurance, service, and agency services): At the lessee's expense.
The lease financing within the program operates on a revolving basis, meaning that payments from the repayment of existing leasing transactions are redirected to new leasing f inancing.
Taking into account the secondary allocation of funds from the National Fund, the Fund has spent a total of 15,510,605.3 thousand tenge, with 801,916.5 thousand tenge allocated in 2024 for the acquisition of 27 vehicles. From the republican budget, including secondary placement, projects were financed for a total amount of 36,605,342 thousand tenge, with 4,319,764.3 thousand tenge spent in 2024 for the acquisition of 170 vehicles.
Taking into account the secondary allocation of funds from the National Fund, the Fund has spent a total of 15,510,605.3 thousand tenge, with 801,916.5 thousand tenge allocated in 2024 for the acquisition of 27 vehicles. From the republican budget, including secondary placement, projects were financed for a total amount of 36,605,342 thousand tenge, with 4,319,764.3 thousand tenge spent in 2024 for the acquisition of 170 vehicles.
Leasing Financing Programs in Support of Domestic Car Production
Organization of Production Complex for Rolling Stock of Railroads at the Request of Aliot-Service LLP
Industry: Manufacturing Industry
Sector: Machine Building
В 2024 одобрено и начато финансирование проекта «Организация производственного комплекса для подвижного состава железных дорог» на общую сумму 18 790,3 млн тенге, в том числе сумма финансирования 15 032,2 млн тенге. Целью данного проекта является организация производственного комплекса для подвижного состава железных дорог. Ввод в эксплуатацию планируется в 2 квартале 2026 года.
Sector: Machine Building
В 2024 одобрено и начато финансирование проекта «Организация производственного комплекса для подвижного состава железных дорог» на общую сумму 18 790,3 млн тенге, в том числе сумма финансирования 15 032,2 млн тенге. Целью данного проекта является организация производственного комплекса для подвижного состава железных дорог. Ввод в эксплуатацию планируется в 2 квартале 2026 года.
Industry: Manufacturing
Industry Sector: Steel Casting
В 2024 одобрено и начато финансирование проекта
«Модернизация литейного производства» на общую
сумму 28 484,5 млн тенге, в том числе сумма финансирования
23 484,5 млн тенге. Целью данного проекта является создание на базе
литейного цеха № 10 АО «Востокмашзавод» современного высокотехнологичного производства литых деталей: рама боковая и балка надрессорная тележки грузовых железнодорожных вагонов. Ввод в эксплуатацию планируется в 2026 году. Реализация проекта обеспечит: удовлетворение потребностей клиентов, создание рабочих мест, получение прибыли и повышение устойчивости бизнеса, увеличение дохода государства в виде налоговых платежей в бюджет, развитие промышленного производства.
Industry Sector: Steel Casting
В 2024 одобрено и начато финансирование проекта
«Модернизация литейного производства» на общую
сумму 28 484,5 млн тенге, в том числе сумма финансирования
23 484,5 млн тенге. Целью данного проекта является создание на базе
литейного цеха № 10 АО «Востокмашзавод» современного высокотехнологичного производства литых деталей: рама боковая и балка надрессорная тележки грузовых железнодорожных вагонов. Ввод в эксплуатацию планируется в 2026 году. Реализация проекта обеспечит: удовлетворение потребностей клиентов, создание рабочих мест, получение прибыли и повышение устойчивости бизнеса, увеличение дохода государства в виде налоговых платежей в бюджет, развитие промышленного производства.
Modernization of Foundry Production at the Request of Vostokmashzavod JSC
Within the framework of measures on renewal of fire f leet of the Republic of Kazakhstan in 2024, 28 projects were f inanced in all regions of the Republic of Kazakhstan for a total of 40,789,528.02 thousand tenge, for the purchase of 432 units of special and auxiliary vehicles.
In 2024, the following projects were financed for 722 000 000 updating special transport for the Ministry of Internal Affairs
- State Institution "Police Department of Turkistan City": 959,400 thousand tenge for the acquisition of 52 vehicles
- State Institution "Police Department of Karaganda Region": 3,462,900 thousand tenge for 200 vehicles
- State Institution "Police Department of Akmola Region": 248,000 thousand tenge for 1 vehicle
- State Institution "Police Department of Abay Region": 864,300 thousand tenge for 74 vehicles
- State Institution "Police Department of Pavlodar Region": 974,460 thousand tenge for 70 vehicles
- State Institution "Police Department of Shymkent City": 1,486,260 thousand tenge for 120 vehicles
- State Institution "Karaganda Region Police Depart ment": 1,360,600 thousand tenge for 17 vehicles
Within the framework of measures on renewal of sanitary transport of the Republic of Kazakhstan in 2024, 3 projects were financed in Akmola, Kyzylorda, and Astana City for the total amount of 7,983,750 thousand tenge, for the purchase of 285 sanitary vehicles. Of these, 260 units were delivered in 2024.
Renewing the transportation park for emergency services across all cities and regions of the Republic of Kazakhstan is a key priority. Due to the depreciation of more than 4,000 emergency vehicles (police vehicles), as well as population growth, the demand for renewing transportation parks exceeds 1,000 vehicles annually. Lease financing allows for the acquisition of more transport at the lowest primary cost. For renewing emergency vehicles (patrol vehicles and traffic police motorcycles), lease f inancing is provided under the following conditions
- Lease term: Up to 5 years
- Nominal interest rate: 7% per annum
- Initial payment: Not less than 15%, funded by the local budget or the lessee's own funds (if leasing payments are funded by the republican or local budgets, financing without an advance payment is allowed).
Equipment for Forest Fire Prevention and Extinguishing
In 2024, 21 projects were financed for the renewal of 196 units of equipment in the technical parks of forest institutions. Of these, 56 units were transferred to the following institutions of the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan:
Lease Financing Program for the Renewal of the Bus Fleet in Support of Domestic Manufacturers
Industry: Transport and Warehousing
The main lease financing conditions for the purchase of buses and agricultural machinery of domestic production are as follows:
The main lease financing conditions for the purchase of buses and agricultural machinery of domestic production are as follows:
- Lease term: Up to 7 years
- Financing currency: Tenge
- Nominal interest rate: 7% per annum
- Initial payment (advance) on leasing: Not less than 15% of the value of the leased item.
- Development of electronic ticketing systems for passengers
- Improvement of the methodology for fare formation
- Phased restriction of the operation of buses on irregular intercity and international services by the terms of their operation
- Creation of a network of branded regional centers for the maintenance and repair of buses of domestic production.
Lease Financing Program of the Fund for the Renewal of the Machine and Tractor Park in Support of Domestic Manufacturers
Support for Domestic Manufacturers of Combines and Tractors Industry: Cultivation of Grain and Leguminous Crops, Including Seed Production
The main conditions of lease financing for the purchase of buses and agricultural machinery of domestic production are as follows:
The main conditions of lease financing for the purchase of buses and agricultural machinery of domestic production are as follows:
- Lease term: Up to 7 years
- Financing currency: Tenge
- Nominal interest rate: 7% per annum
- Initial payment (advance payment) on leasing: Not less than 15% of the value of the leased item.
Construction of a Waste Processing Plant in Pavlodar at the Request of Sorting Center LLP
In 2024, the Fund financed the project of Sorting Center LLP in the amount of 2,617,954,783 tenge. The project involves the construction of a waste processing plant in Pavlodar to sort and process solid domestic waste. The project will create 124 new jobs and reduce the volume and area of municipal solid waste (MSW) disposal at the landfill, thereby decreasing the technogenic load on the environment.
Project for the Acquisition of 3,000 Gondola Cars at the Request of Kaztemirtrans JSC (4th Transaction)
In 2024, the Fund continued financing the project for the acquisition of 3,000 gondola cars at the request of Kaztemirtrans JSC (4th transaction), for a total amount of 98,700,000 thousand tenge. By the end of 2024, 1,571 gondola cars were delivered, with 16,670,430 thousand tenge used in the project in 2024.
In 2024, the Fund continued financing the project for the acquisition of 16 passenger cars at the request of Turksib Astana LLP (4th transaction), for a total amount of 9,684,290 thousand tenge. By the end of 2024, 10 passenger cars were delivered, with 4,006,400 thousand tenge spent on the project
Project for the Acquisition of Passenger Cars at the Request of Turksib Astana LLP (4th Transaction)
Project for the Acquisition of Gondola Cars at the Request of First Multimodal Company LLP
In 2024, the Fund continued financing the project for the acquisition of 168 gondola cars at the request of First Multimodal Company LLP, for a total amount of 3,869,040 thousand tenge. By the end of 2024, 110 gondola cars were delivered, with 2,210,880 thousand tenge used for the project.
In 2024, the Fund allocated financing for the project for the purchase of 150 gondola cars and 24 mail wagons at the request of CONSONANCE LLP, for a total amount of 10,995,170.10 thousand tenge. By the end of 2024, 12 mail wagons were delivered, with 6,145,310.9 thousand tenge spent.
Project for the Acquisition of Gondola Cars and Mail Wagons at the Request of CONSONANCE LLP
Project for the Acquisition of Three H125 Helicopters (Airbus Helicopters AS 350 B3E) at the Request of DALA AIR LLP
In 2024, the Fund continued financing for the acquisition of three H125 helicopters (Airbus Helicopters AS 350 B3E) at the request of DALA AIR LLP, for a total amount of 2,599,304,630 tenge. By the end of 2024, all three helicopters were delivered, with 568,108 thousand tenge used for the project
In 2024, the Fund opened financing for the purchase of a passenger aircraft, the Embraer EMB-135BJ Legacy 600, at the request of Kaz Air Jet JSC, for a total amount of 3,851,030.24 thousand tenge. The aircraft was delivered in 2024
Project for the Purchase of Passenger Aircraft Embraer EMB-135BJ Legacy 600 at the Request of Kaz Air Jet JSC
Project for the Purchase of Medium-Range Turboprop Aircraft L-410 (NG) at the Request of the State Institution Ministry of Emergency Situations of the Republic of Kazakhstan
The Fund opened financing for the purchase of L-410 (NG) medium-range turboprop aircraft at the request of the State Institution Ministry of Emergency Situations of the Republic of Kazakhstan, for a total amount of 19,508,511.3 thousand tenge. Delivery is expected in 2025
In 2024, the Fund continued financing the project for the introduction of an electronic fare payment system at the request of Almaty Transport Holding LLP, for a total amount of 1,361,423.34 thousand tenge. By the end of 2024, 3,335 units of equipment were delivered, with 850,889.60 thousand tenge used for the project.
Project for the Implementation of an Electronic Payment System at the Request of Almaty Transport Holding LLP
Project for the Acquisition of 14 Vehicles for the Transportation of Persons with Disabilities from LLP SaryarkaAvtoProm upon Request of Innovative Scientific and Production Center for Disability Research Technology LLP
In 2024, the Fund financed the acquisition of 14 vehicles for the transportation of persons with disabilities from SaryarkaAvtoProm LLP upon request of Innovative Scientific and Production Center for Disability Research Technology LLP, for a total amount of 277,500 thousand tenge. The vehicles were delivered in 2024.
In 2024, the Fund initiated the financing of projects for the acquisition of 411 units of machinery and equipment at the request of the Republican State Enterprise on the Right of Economic Management "Kazvodkhoz" of the Water Resources Committee of the Ministry of Water Resources and Irrigation of the Republic of Kazakhstan, for a total amount of 14,400,118.70 thousand tenge. By the end of 2024, 29 units of machinery and equipment were delivered.
Projects on "Strengthening the Material and Technical Base" upon Request of Kazvodkhoz
Lending to Financial Institutions
On August 13, 2022, a loan agreement was signed between the Fund and KazAgroFinance JSC (KAF) for the amount of 30 billion tenge to finance entities in the agro industrial complex acquiring new domestically produced self propelled agricultural machinery through financial leasing. On October 30, 2023, a loan agreement was signed between the Fund and Zhasyl Damu JSC for 20 billion tenge to further finance KAF. The funds were credited to the Fund's account on October 31, 2023.
Additionally, KAF attracted commercial funds in the amount of 10 billion tenge to be mixed with the above mentioned funds in a 75/25 ratio. The total financing volume for leasing domestically produced agricultural machinery amounted to 40 billion tenge.
As of December 31, 2024, a total of 1,001 contracts were concluded under these funds, and 1,093 units of agricultural machinery were leased. On November 1, 2023, a loan agreement was signed between the Fund and KAF for 20 billion tenge to finance entities in the agro-industrial complex acquiring new domestically produced self-propelled agricultural machinery through financial leasing.
As of December 31, 2024, a total of 437 contracts were concluded under these funds, and 567 units of agricultural machinery were leased
Additionally, KAF attracted commercial funds in the amount of 10 billion tenge to be mixed with the above mentioned funds in a 75/25 ratio. The total financing volume for leasing domestically produced agricultural machinery amounted to 40 billion tenge.
As of December 31, 2024, a total of 1,001 contracts were concluded under these funds, and 1,093 units of agricultural machinery were leased. On November 1, 2023, a loan agreement was signed between the Fund and KAF for 20 billion tenge to finance entities in the agro-industrial complex acquiring new domestically produced self-propelled agricultural machinery through financial leasing.
As of December 31, 2024, a total of 437 contracts were concluded under these funds, and 567 units of agricultural machinery were leased
By the end of 2024, 9 transactions with private leasing companies totaling 18,200,000.0 thousand tenge were inanced for further leasing financing of lessees.
Financing Private Leasing Companies
Financing of Social-Entrepreneurial Corporations for the Construction of Small Industrial Zones
In accordance with the Law "On Industrial Policy" dated December 27, 2021, No. 86-VII ZRK, the Fund serves as the operator of several state programs and performs tasks in compliance with the legislation of the Republic of Kazakhstan, state planning system documents, and the Fund's charter.
As part of the Concept for the Development of the Manufacturing Industry of the Republic of Kazakhstan for 2023–2029, approved by Government Decree No. 846 dated December 20, 2018, and amended by Government Decree No. 259 dated March 28, 2023, the creation of small industrial zones (construction or reconstruction of production sites) is planned in all regions and cities of national significance. These zones will accommodate small and medium-sized businesses in the manufacturing sector through the № f inancing of social-entrepreneurial corporations (SPCs) at an interest rate of 1%, with subsequent financing for construction or reconstruction at a rate of no more than 3% per annum for f inal borrowers.
According to Order No. 183 of the Minister of Industry and Construction of the Republic of Kazakhstan dated April 4, 2022, "On the Approval of the Financial and Economic Justification for Lending to National Managing Holding 'Baiterek' JSC with Subsequent Lending to Industrial Development Fund JSC for the Financing of Manufacturing Industry Projects," under budget program 214, the financing of SPCs for the creation of small industrial zones is 100% sourced from the republican budget.
In 2024, the following social-entrepreneurial corpora tions were funded
As part of the Concept for the Development of the Manufacturing Industry of the Republic of Kazakhstan for 2023–2029, approved by Government Decree No. 846 dated December 20, 2018, and amended by Government Decree No. 259 dated March 28, 2023, the creation of small industrial zones (construction or reconstruction of production sites) is planned in all regions and cities of national significance. These zones will accommodate small and medium-sized businesses in the manufacturing sector through the № f inancing of social-entrepreneurial corporations (SPCs) at an interest rate of 1%, with subsequent financing for construction or reconstruction at a rate of no more than 3% per annum for f inal borrowers.
According to Order No. 183 of the Minister of Industry and Construction of the Republic of Kazakhstan dated April 4, 2022, "On the Approval of the Financial and Economic Justification for Lending to National Managing Holding 'Baiterek' JSC with Subsequent Lending to Industrial Development Fund JSC for the Financing of Manufacturing Industry Projects," under budget program 214, the financing of SPCs for the creation of small industrial zones is 100% sourced from the republican budget.
In 2024, the following social-entrepreneurial corpora tions were funded
In 2024, the Fund financed the acquisition of one garbage truck at the request of Sheber Spetsmash LLP, for a total amount of 22,890 thousand tenge. The truck was delivered in 2024.
Project for the Acquisition of a Garbage Truck from SemAZ LLP upon Request of Sheber Spetsmash LLP
In 2024, the Fund continued financing the project for the acquisition of 100 passenger cars at the request of Passenger Transportation JSC (11th transaction), for a total amount of 73,000,000 thousand tenge. By the end of 2024, 62 passenger cars were delivered. In 2024, the Fund opened financing for the acquisition of 157 passenger cars at the request of Passenger Transporta tion JSC (12th transaction), for a total amount of 115,500,000 thousand tenge.
By the end of 2024, 50 passenger cars were delivered. The Fund also continued financing for the acquisition of 3 electric trains at the request of Passenger Transportation JSC (13th transaction), for a total amount of 13,000,000 thousand tenge. By the end of 2024, 1 electric train was delivered
By the end of 2024, 50 passenger cars were delivered. The Fund also continued financing for the acquisition of 3 electric trains at the request of Passenger Transportation JSC (13th transaction), for a total amount of 13,000,000 thousand tenge. By the end of 2024, 1 electric train was delivered
Projects for the Acquisition of Passenger Cars and Electric Trains at the Request of Passenger Transportation JSC
Industry: Transport and Warehousing
In 2024, the Fund continued financing the project for the acquisition of 2,000 fitting platforms in Astana at the request of KTZ Express JSC, for a total amount of 51,692,480 thousand tenge. The project aims to renew the car fleet. By the end of 2024, 193 f itting platforms were delivered. Additionally, in 2024, the Fund began financing a second phase of the project for the acquisition of 2,000 fitting platforms in Astana, at the request of KTZ Express JSC, for a total amount of 70,958,706 thousand tenge. The lessee plans to further renew the car fleet. By the end of 2024, 352 fitting platforms were delivered.
In 2024, the Fund continued financing the project for the acquisition of 2,000 fitting platforms in Astana at the request of KTZ Express JSC, for a total amount of 51,692,480 thousand tenge. The project aims to renew the car fleet. By the end of 2024, 193 f itting platforms were delivered. Additionally, in 2024, the Fund began financing a second phase of the project for the acquisition of 2,000 fitting platforms in Astana, at the request of KTZ Express JSC, for a total amount of 70,958,706 thousand tenge. The lessee plans to further renew the car fleet. By the end of 2024, 352 fitting platforms were delivered.
Project for the Acquisition of Fitting Platforms by KTZ Express JSC
Commercial Projects
In 2024, the Fund financed the project of ECO Shina LLP in the amount of 436,186 thousand tenge. The project aims to increase the volume of primary processing of automobile tires by 67% (from 6,000 to 10,000 tons), as well as expand the range of finished products with a twofold increase in volume (from 3,000 to 6,000 tons) in the city of Shymkent. The project will create 42 new jobs and enable waste-free recycling of waste tires
Modernization of Production on Processing of Waste Car Tires with Expansion of the Line of Finished Products at the Request of ECO Shina LLP
Projects Financed within the Framework of Support of Zhasyl Damu JSC
