Around two trillion tenge is planned for the development of Alatau City, with 44 investment projects set to be implemented across industry, logistics, agro-processing, services, and the creative sector. The Alatau City Development Council met under the chairmanship of Prime Minister Olzhas Bektenov, who noted that the President of Kazakhstan has designated the city as a new center for long-term economic development. System-forming projects are currently being launched in Alatau, creating new growth opportunities for the city’s economy. Key priorities include the construction of a multifunctional business complex and the KAIST Kazakhstan Technological University, which will train highly qualified specialists and advance cutting-edge technologies. Meanwhile, Parliament is reviewing the draft Constitutional Law «On the Special Status of Alatau City».
«Our goal is for the city to be open to new industries for the country, allowing enterprises to develop around them. At the same time, the city itself will grow around these development hubs. There are four such hubs in Alatau: an industrial zone, a logistics zone, an administrative, scientific, and medical zone, and, finally, a tourism zone near Kapchagay,» said Bolat Zhamishev, member of the Alatau City Development Council.
«In Alatau, we have a unique opportunity of designing
a city from scratch with these new smart technologies right from the outset,
and that allows Alatau to become a leader in this field as it develops. So, I
think Alatau brings together one-stop solution really of economic, financial,
and legal aspects to provide a long-term predictable investment and urban
planning solution,» said
Harry Dobbs, member of the Alatau City Development Council.
Related Articles
