DBK Supports Construction of a Hospital in Kokshetau with 100% Procurement from Domestic Producers

• 23.01.2026
• Press releases

DBK Supports Construction of a Hospital in Kokshetau with 100% Procurement from Domestic Producers

JSC Development Bank of Kazakhstan (a subsidiary of the Baiterek Holding, hereinafter - DBK or the Bank) is financing a major social infrastructure project for the construction and operation of a multi-profile hospital in the city of Kokshetau.

The modern multi-profile hospital project, with a total inpatient capacity of 630 beds, is being implemented by RenEll Kokshetau LLP with the aim of improving access to healthcare services and replacing the existing regional multi-profile hospital.

Upon commissioning, the facility will become the largest medical institution in the region, providing high-tech medical care to more than 500,000 residents of Akmola Region.

The hospital complex will be equipped with state-of-the-art medical equipment from leading global manufacturers, enabling the introduction of advanced diagnostic and treatment methods. The facility will include cardiology, surgery, traumatology and intensive care units, allowing a wide range of medical services to be delivered in one location.

The project is being implemented under a Build-Transfer-Operate (BTO) model, which provides for construction by a private partner, transfer of the facility into state ownership upon completion, and subsequent partial technical maintenance by the private partner.

"Support for such a large-scale project highlights DBK's commitment to investing in social infrastructure and improving the quality of life of the population," said Marat Yelibayev, Chairman of the Management Board of DBK.

Project financing is provided by a consortium of international financial institutions, including the European Bank for Reconstruction and Development (EBRD), the Asian Infrastructure Investment Bank (AIIB) and DBK. The investor is the Turkish holding Rönesans Holding.

This is the first project in Kazakhstan implemented under a public-private partnership framework with the participation of such a broad group of lenders. The total project cost amounts to EUR 453.6 million. DBK's loan totals EUR 30 million, with a floating interest rate of 3-month EURIBOR + 2.39% per annum. The Bank's funds will be fully allocated to the procurement of goods from domestic manufacturers.

The hospital is scheduled to be commissioned in the second quarter of 2027.

The project is expected to significantly strengthen the regional healthcare system, attract highly qualified medical professionals and contribute to the development of medical tourism in the region.