Kazakhstan Housing Company JSC (a subsidiary of Baiterek National Investment Holding JSC, KHC) received an award from the Kazakhstan Stock Exchange (KASE) as the ESG bond market leader.
This status as the ESG bond market leader confirms KHC’s key role in promoting sustainable financing on the Kazakhstani stock market. The instruments it issues enable the company to raise long-term investments for housing construction projects, ensuring transparency and compliance with international sustainable development standards.
In 2025, KHC raised KZT238.2 billion on market terms and channeled the funds to the regions through bond issuances. The funds were allocated to the following areas:
- KZT150.4 billion — for the construction of rental housing. As a result, 9,400 apartments with a total area of 0.6 million square meters were completed;
- KZT87.8 billion — for the installation of utility infrastructure.
Furthermore, as part of its housing loan financing program, the Company purchased 140.2 billion tenge worth of securities issued by local governments, which enabled the construction of 13,300 apartments with a total area of 1.1 million square meters.
Another KZT29.3 billion was allocated to projects aimed at modernizing the energy and utilities sectors. This reduced the level of wear and tear on energy and utility infrastructure and ensured the reliable and high-quality provision of utility services to the population.
Recognition of the Company by KASE as the ESG bond market leader confirms the Company’s significant contribution to supporting housing development and strengthens its position as one of the key institutions driving the development of Kazakhstan’s housing market focused on improving the quality of life for our country’s residents.