Investment case

What the numbers say

Management projections for the Astana campus.

Total capital expenditureKZT 15.0 bnAbout US$31.9 million. Premium construction and advanced educational infrastructure.
Design and pre-developmentKZT 250 mConceptual, working and adaptive spatial design.
Project IRR27%Strong profitability for institutional infrastructure.
Net present value at 14% WACCKZT 13.7 bnValue creation well above the cost of capital.
Static payback period5 yearsIncludes the initial ramp-up and stabilization phases.
Average EBITDA margin, stabilized periodup to 42%Driven by optimized operational workflows and a scalable model.
Return versus cost of capital
WACC14%
Project IRR27%

The projected IRR is 13 percentage points above the cost of capital.

Figures are management projections. They are not a guarantee of returns or an offer of securities.

Market

Why Kazakhstan, and why Astana

Demographic dividend

Kazakhstan’s birth rates have surged over the past decade. Astana’s population is young, urban and expanding rapidly.

Affluent middle class

A fast-growing segment of parents is willing to pay premium tuition for high-quality, internationalized education with a path to global universities.

Policy support

The government encourages public-private partnerships and private investment in K-12 education, including per-capita state subsidies.

The gap in today’s offering

  • Traditional “factory-model” schools with rigid layouts and rote learning.
  • A gap between local curriculum requirements and global competency standards: AI, critical thinking, autonomous learning.

Our solution

A holistic, experiential ecosystem where the physical space is the third teacher, powered by smart technologies and deep-rooted values.

Team

Our team members

Saulet Bakytkeldi

Saulet Bakytkeldi

CEO, Mura Global Education LLP and Olja Peak LLP

MBA, Kaishi Professional University.

“Connecting Central Asian education with global wisdom and fostering cross-border intellectual exchange, we are dedicated to bridging Central Asian educators with cutting-edge educational insights worldwide, co-creating the future of learning.”

Almagul Kanagatova

Almagul Kanagatova

CEO, Nomad Global Education

Board member, MURA Global Education

Former Rector of AlmaU (Almaty Management University) and MNU (Maqsut Narikbayev University). Education expert.

Sholpan Kadyrova

Sholpan Kadyrova

CEO, BINOM School chain

Board member, MURA Global Education

BINOM is part of BI Group, Kazakhstan’s largest real estate holding. Education expert.