Public Sector Voices: How sovereign funds drive investment and diversification

Under Baiterek Holding, the Development Bank of Kazakhstan (DBK) and Qazaqstan Investment Corporation (QIC) play distinct but intertwined roles. While DBK provides long-term debt for large industrial schemes, QIC brings equity, with more than 140 firms backed and stakes in over 20 private equity and venture funds. Together, they give investors a route into Kazakhstan.