Research and development activities

We pay particular attention to commercializing scientific and experimental developments to achieve a timely economic impact. To coordinate this work, we have set up the Centre for Scientific and Technological Initiatives (CSTI), which has become a “single window” for scientific and innovative projects. This allows us to effectively manage the process of developing scientific products, industrial innovations, and innovation culture in our portfolio companies and ensures the successful implementation of domestic scientific developments in production.

Since December 2023, the Fund’s subsoil users have been financing scientific research through CSTI.

According to the results of 2023 CSTI has already considered more than 84 applications for R&D (according to the procedures of the Corporate Standard on R&D and Innovations, adopted on 18 November 2022), of which 5 projects (70 projects in 2022) were approved for implementation at the meetings of the Scientific and Technical Council of the Fund for a total amount of KZT 2.7 billion.