Investment Fund of Kazakhstan suspends charging the rent for SMEs
Publication date : 23.03.2020

In accordance with Presidential Decree issued at the meeting of State Commission on the State of Emergency in the Republic of Kazakhstan, Investment Fund of Kazakhstan JSC (the Fund) suspends charging the rent for small and medium-sized businesses in order to support the entrepreneurship.

Thus, starting from March 20, 2020, for the period of State of Emergency and Quarantine in Kazakhstan, the Fund will suspend charging the real estate rent for small and medium-sized businesses, by deferring the payment for 3 months, without charging fines and penalties.

Investment Fund of Kazakhstan JSC is a State Development Institute and Management Company in the field of restructuring and management of distressed assets. The Fund is a subsidiary of the National Managing Holding “Baiterek” JSC.