GDP growth in January–April 2026 stood at 3.6%. One of the key drivers was the manufacturing industry, which grew by 9.9%. This indicator is directly aligned with the strategy of Development Bank of Kazakhstan (a subsidiary of Baiterek Holding, hereinafter – DBK, the Bank) to support the non-resource sector.
In 2025–2026, with the support of Development Bank of Kazakhstan, dozens of large-scale projects in metallurgy, energy and the agro-industrial sector entered the active implementation phase. These include new ferroalloy plants and enterprises for the deep processing of agricultural products. The Bank’s financing is aimed at developing high-tech production facilities, enabling domestic companies not only to meet demand in the local market but also to enter export markets. During the construction and financing of plants and infrastructure, GDP is affected by fixed capital investments, construction volumes, and the production of construction materials by domestic enterprises involved in building major industrial facilities.
In mechanical engineering, production volumes increased by 23.3%. A significant contribution to this growth came from a number of DBK-financed enterprises reaching their designed capacity. One example is the Astana Motors Manufacturing Kazakhstan multibrand plant in Almaty, with an annual capacity of 120,000 vehicles. The project not only substitutes imports but also develops export potential in the automotive industry.
Growth was also recorded in the chemical industry, at 18.4%, while the production of construction materials increased by 27.7%. The Bank supports the production of nitrogen and phosphate fertilisers, sodium cyanide and caustic soda. In particular, export financing is being provided to Kazphosphate LLP, a producer of phosphate fertilisers. Previously, DBK financed the construction of the country’s first sodium cyanide plant by Talas Investment Company. The second phase of the plant is now being implemented with the support of DBK. In addition, the construction of the caustic soda plant of Caustic JSC in Pavlodar and KazAzot LLP, Kazakhstan’s only producer of nitrogen fertilisers, was also implemented with DBK’s support.
The Bank continues to finance major projects aimed at launching new production facilities in Kazakhstan’s chemical industry. In particular, DBK’s portfolio includes a number of plants currently under implementation for the production of soda ash, sodium cyanide, alkylate and sulphuric acid. Their launch will have an additional positive effect on GDP in the chemical industry.
The 12% growth recorded in the transport and warehousing sectors in January–April 2026 is also aligned with DBK’s activities to develop Kazakhstan’s logistics potential. The modernisation of transport corridors and the renewal of vehicle and equipment fleets through the instruments of the Industrial Development Fund make it possible to efficiently support growing trade volumes.
