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Baiterek, Korea’s KIND weigh $200 million joint Kazakhstan-Korea investment fund

PUBT·09/14/2026 10:38:09
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Baiterek, Korea’s KIND weigh $200 million joint Kazakhstan-Korea investment fund
  • Baiterek began talks in Seoul on Sept. 14 with South Korea’s Shinhan Financial Group on up to USD 500 million cooperation.
  • Discussions covered credit lines for Development Bank of Kazakhstan, syndicated financing, project finance, SME support via Damu instruments.
  • Negotiations with K-SURE targeted insurance-backed funding for Korean equipment projects, including a EUR 48 million facility under a EUR 200 million limit.
  • Qazaqstan Investment Corporation weighed up to USD 10 million as anchor investor in SparkLabs Mirae Silkroad Fund I, L.P., targeting USD 65 million.
  • KIND talks centered on a Kazakhstan-Korea investment fund, initially USD 200 million, with potential scale-up to USD 1 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National managing holding Baiterek JSC published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.