We attract investments and create favorable conditions for business development, actively support innovations, contribute to developing small and medium-sized businesses, and implement socially significant projects.
The Fund's sole shareholder is the Government of the Republic of Kazakhstan. GRI 201-4
The Fund's Group of Companies includes portfolio companies from various economic sectors. Its asset portfolio includes companies from the oil and gas and transport and logistics sectors, chemical and nuclear industries, mining and metallurgical complexes, energy, and real estate. As of the end of 2023, the Fund's total assets under management amounted to KZT 36,926 billion. The Fund operates on the territory of the Republic of Kazakhstan. 5 GRI 2-1 GRI 2-6
Mission
Ensuring sustainable economic development and long-term value creation through effective management of a diversified portfolio of assets and business support in the interests of the people of the Republic of Kazakhstan.
Our vision
To be a leader in the national economy, making breakthroughs in innovative development based on the principles of human well-being and environmental protection through responsible investment.
The role of the Fund is to:
- ensuring synergies between portfolio companies;
- making investments, especially in non-resource industries and new areas where the private sector is limited;
- developing target industries through the provision of expertise, competencies, and investments;
- attracting investment, including foreign investment, through strategic partnerships;
- developing an advanced business culture based on the principles of property protection and shareholder rights and supporting domestic companies, including SMEs;
- developing international partnerships with global strategic investors, industry leaders, and other sovereign wealth funds.
5 More detailed information on the geographies of the largest portfolio companies can be found in the Fund’s 2023 Annual Report in the “Portfolio Assets” section of this report.
