Baiterek Holding convenes Public Council meeting
Baiterek Holding recently hosted Public Council meeting which focused on the endeavors of the Holding’s subsidiaries, KazakhExport EIC and Qazaqstan Investment Corporation. Additionally, participants reviewed the Council's achievements in 2023.
Throughout the year, KazakhExport EIC undertook insurance obligations totaling 242.6 billion tenge and facilitated trade and pre-export financing amounting to 19.3 billion tenge. Notable export destinations included Uzbekistan, Kyrgyzstan, China, Tajikistan, Russia, and other nations, with a collective export contract value reaching 979.8 billion tenge.
In the span of 11 months in 2023, Qazaqstan Investment Corporation funded 28 projects valued at 16.9 billion tenge across diverse sectors, such as the agro-industrial complex, green energy, manufacturing, and IT venture financing. Additionally, QIC successfully attracted foreign investment totaling 880 thousand US dollars for Kazakhstani projects.
Chairman of the Public Council, Ilya Meshcheryakov, underscored the consideration of all aspects of the 2023 work plan, including the operations of Holding subsidiaries. Moreover, discussions outlined key focal points that members of the public council intend to prioritize in 2024.