Baiterek Holding approves 2019-21 development plan at a meeting of Board of Directors
A meeting of the Board of Directors of Baiterek National Management Holding, held under the chairmanship of Kazakh Prime Minister Askar Mamin, approved the 2020 annual budget and changes to the development plan for 2019-21,Strategy2050.kz informs with reference to primeminister.kz.
In 2016-2019, Baiterek Holding has provided 824 billion tenge from the republican budget and the Kazakh National Fund to rental housing construction, equity deposit guarantees, support to domestic exporters, Kazakh producers of non-primary goods and service providers in foreign markets, broadband Internet access to rural settlements, the 2015-19 State Programme for Innovative and Industrial Development and the state business support and development programme Business Roadmap 2020, the main gas pipeline "Saryarka", lending large, single-parent and low-income families and other projects.
The meeting approved the adjusted development plan for 2017-21 [the 2019-21 plan] and the annual budget of Baiterek Holding for 2019, the risk report, the report of the Holding’s Internal Audit Service for 3Q of 2019, the annual budget and plan work of the Board of Directors of Baiterek Holding for 2020.
The development plan of Baiterek Holding has been adjusted to implement the Housing Construction Savings Bank’s programme “Svoi dom” (Your house), the projects in the automotive industry and construction, the modernization of transport and industrial infrastructure, financing of the manufacturing industry, etc.
Photo credit: primeminister.kz
