Qazaqstan Investment Corporation Leads Kazakhstan's Private Equity Market

Qazaqstan Investment Corporation (QIC), Kazakhstan's foremost institution for private equity (PE) investment, continues to lead the charge in economic development and job creation across the nation. Since its founding in 2007, QIC has been at the forefront of Kazakhstan's private equity sector, leveraging global best practices to stimulate economic growth. As the only state-owned entity focused on private equity, QIC offers investors unparalleled access to Kazakhstan's rapidly expanding PE market.

With a portfolio managed in partnership with over 50 renowned international institutional investors and sovereign wealth funds—including Mubadala, Gulf Capital, CITIC Group, and the European Bank for Reconstruction and Development—QIC is well-positioned to harness the power of private equity as a driver of economic progress. Working alongside these partners, QIC has successfully implemented 118 projects, creating over 20,000 jobs across key sectors in Kazakhstan.

QIC strategically invests in vital sectors such as manufacturing, energy, infrastructure, and agriculture—areas essential to Kazakhstan's sustainable development. Its flexible investment structure offers equity stakes up to 49%, making QIC an attractive, trusted partner for long-term projects. Through co-investment, QIC maximizes capital impact, ensuring that each dollar QIC invests attracts an additional two dollars of foreign investment, significantly bolstering the nation's economy.

In addition to its focus on private equity, QIC is actively engaged in building Kazakhstan's venture capital ecosystem. Five of QIC's 17 funds are dedicated to venture capital, three of which are currently open for investment in early and late-stage startups. These funds are driving growth in innovation, with a particular emphasis on IT and export-oriented projects that contribute to a dynamic business environment in Central Eurasia.

Beyond financial investment, QIC provides investors with direct engagement with government entities, reducing administrative hurdles and offering invaluable local insights. QIC's deep integration into Kazakhstan's business ecosystem allows for risk-sharing with partners, ensuring mutual commitment to the success of each project.

Kazakhstan is witnessing record levels of foreign direct investment, with $28 billion recorded in 2022—a nearly 18% increase from 2021. While major sectors such as mining, energy, and infrastructure attract significant capital, QIC emphasizes the need to expand investment opportunities to small and medium-sized enterprises (SMEs) to foster inclusive economic growth.

QIC is committed to integrating Environmental, Social, and Governance (ESG) standards across its portfolio, prioritizing sustainable projects that promote both economic and environmental advancement. With its ongoing dedication to private equity and venture capital, QIC continues to position Kazakhstan as an emerging leader in responsible investment.

QIC Website: https://qic.kz/en