Financial district towers in Kazakhstan at golden hour

Investment opportunity

Loan support through Kazakhstan's development institutions

Access to concessional financing, guarantees and insurance through the Baiterek Holding — the Development Bank of Kazakhstan, the Damu Fund, Qazaqstan Investment Corporation and KazakhExport.

Tau Invest Solutions accompanies the investor from instrument selection to the signing of the financing agreement.

4
Development institutions in one package
₸29.6 trn
Revenue of enterprises supported by the Holding (2024)
17,231
Jobs created under the Holding's programmes (2024)
1
Single point of contact in Kazakhstan

The package

Financing through four development institutions

Alongside general contracting, SEZ registration, legal and GR support, Tau Invest Solutions helps investors obtain concessional financing, guarantees and insurance through the institutions of the Baiterek Holding — from selecting the right instrument to accompanying the application.

01

Development Bank of Kazakhstan

State bank for medium- and long-term financing of manufacturing industry

The DBK specialises in financing medium and large businesses — large-scale industrial and infrastructure projects that build the country's non-resource potential, including greenfield projects and export operations.

Medium and large business
Industrial and infrastructure projects
Non-resource sector
Manufacturing, import substitution, export
Greenfield projects
Financing of new production from scratch
  • Medium- and long-term investment loans
  • Working capital loans
  • Bridge and mezzanine financing
  • Syndicated financing
  • Leasing finance, guarantees, equity participation

Role of Tau Invest Solutions: preparation of the feasibility study and financial model, assembly of the document package and support of the application to the DBK.

02

Damu Fund

Three support instruments for small and medium-sized business

The Damu Entrepreneurship Development Fund is the operator of MSME support: subsidising the interest rate, guaranteeing loans where collateral is insufficient, and concessional financing through partner banks.

Guarantees
Up to 85% of the loan amount when collateral is short
Subsidies
40% of the nominal interest rate
Concessional financing
From 12.6% per annum
  • Guarantees of up to 85% of the loan amount
  • Interest rate subsidies of 40% of the nominal rate
  • Concessional financing from 12.6% per annum
  • Training and development of management competencies
₸16.9 trn
Volume of support across 265,289 projects
₸129.8 trn
Output of recipient enterprises
220,282
New jobs created

Role of Tau Invest Solutions: selection of the appropriate Damu programme, preparation of the application and support in dealings with the partner bank.

03

Qazaqstan Investment Corporation

Fund of private equity funds for non-resource projects

QIC attracts local and international investors for the joint financing of projects in priority non-resource sectors — healthcare, agriculture, green energy and innovation — primarily in Central Asia with a focus on Kazakhstan.

Co-investment
Through QIC private equity funds
Priority sectors
Healthcare, agriculture, green energy, innovation
International partners
Attraction of foreign co-investors
  • Co-investment through QIC private equity funds
  • Capital for projects from small business to city-forming enterprises
  • Attraction of foreign co-investment partners
$2.8 bn
Capitalisation of 17 funds with QIC participation
$408 m
Foreign investment attracted into Kazakhstani projects
$2.1 per $1
Raised from foreign partners for every QIC dollar

Role of Tau Invest Solutions: structuring the project to fit QIC's investment profile and accompanying negotiations with the funds.

04

KazakhExport

The export credit agency of Kazakhstan

KazakhExport supports non-resource exports of Kazakhstani goods, works and services: it insures export operations and investments, helps finance the foreign buyer and protects Kazakhstani exporters against the risk of non-payment.

Exporters
Of non-resource goods, works and services from Kazakhstan
Importers
Foreign buyers of Kazakhstani products
Investors
Kazakhstani investments abroad
  • Guarantees for transactions promoting non-resource exports
  • Insurance of export credits and advance payments
  • Financing of the foreign buyer of Kazakhstani goods
  • Insurance of investments against political risks abroad
  • Bank financing of working capital where collateral is insufficient

Role of Tau Invest Solutions: assessment of the export project, selection of the KazakhExport instrument and support of the transaction.

Comparison

Which institution fits your project

InstitutionFor whomKey instrumentDistinctive feature
Development Bank of KazakhstanMedium and large businessInvestment and syndicated loansIndustry and infrastructure
Damu FundSmall and medium businessGuarantees, subsidies, concessional loansRate from 12.6% per annum
Qazaqstan Investment CorporationProjects with growth potentialCo-investment through fundsUp to $2.1 raised per $1 of QIC
KazakhExportExporters and buyers of Kazakhstani productsInsurance and trade financeProtection against non-payment risk

Process

How Tau Invest supports your financing

From project diagnostics to the launch of financing — one team at every step.

  1. 1
    Project diagnostics

    Analysis of your objectives and selection of the appropriate institution and financing instrument.

  2. 2
    Feasibility study and financial model

    Preparation of the feasibility study and the financial model of the project.

  3. 3
    Document package

    Assembly of the complete set of documents to the requirements of the bank or fund.

  4. 4
    Application

    Submission and support of the application, communication with the development institution.

  5. 5
    Launch of financing

    Obtaining the decision, signing the agreement and starting the financing of the project.

Investors and bankers signing a financing agreement in Almaty

Why Tau Invest Solutions

A full-cycle partner, not just an intermediary

One point of contact

Financing through the DBK, Damu, QIC and KazakhExport is part of a package of eight services — from general contracting to post-investment support.

Bankable documentation

We prepare feasibility studies and financial models in the format the development institutions expect, which shortens the review cycle.

Administrative resource

Strong relationships at every level allow approvals, certificates and clearances to be obtained without delays.

Support after signing

We stay with the project through drawdowns, construction, commissioning and operations.

Finance the growth of your business in Kazakhstan

Send us a brief description of your project and we will suggest the suitable development institution and instrument, and prepare the application together with you.