Qazaqstan Investment Corporation JSC

Overview

Qazaqstan Investment Corporation JSC, formerly known as Kazyna Capital Management JSC, is a state-owned investment company in Kazakhstan. Established in 2007, the company focuses on supporting and developing the country's economy through investments in various sectors. In January 2023, it underwent rebranding and was re-registered as Qazaqstan Investment Corporation JSC. The company is a fund-of-funds under the National Managing Holding Baiterek, aiming to promote sustainable economic development and attract foreign investment into priority sectors of the economy. The corporation manages private equity funds and has invested in numerous projects across sectors such as energy, transport, social and health, water and waste, telecom and ICT, and industrial. It also focuses on clean energy, technology, agro-industrial complex, infrastructure, and public-private partnerships. The company has a history of participating in 18 private equity funds with a combined capitalization of $2.8 billion, backing 120 initiatives, generating over 23,000 jobs, attracting $408 million in foreign financing, and contributing $119.5 million in tax revenue. Qazaqstan Investment Corporation JSC operates with the goal of diversifying Kazakhstan's economy by investing in non-resource sectors and fostering innovation and technology transfer. It collaborates with international institutional investors to effectively manage private equity funds, providing capital to companies in various sectors to promote growth and enhance competitiveness. The corporation's investment philosophy emphasizes sustainable development, economic diversification, and the creation of a robust private equity infrastructure in Kazakhstan.

Investment Focus

• Focus on non-resource sectors
• Emphasis on sustainable development
• Attraction of foreign investment
• Support for economic diversification
• Collaboration with international institutional investors

Portfolio Companies