Kazakhstan Seeks Participation Of South Korean Investors In Alatau City Construction
Date
6/12/2024 3:11:48 PM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, June 12. Kazakhstan is
hopeful for active involvement from South Korean investors and
development firms in the development of Alatau City, Trend
reports.
The country's President Kassym-Jomart Tokayev made these remarks
during the Kazakhstan-Korea Business Forum in Astana.
"We have embarked on the construction of the new smart city,
Alatau City, in partnership with Singaporean companies. Its
territory falls within a special economic zone. It is envisioned to
become a leading international business hub not only for Kazakhstan
but also for the entire region," Tokayev said.
In January of this year, by presidential decree, the city of
regional significance, Alatau, was established in the Ile district.
The government has approved the master plan of the city and
adjusted the boundaries of the Ile and Talgar districts and the
city of Konaev.
Tokayev also endorsed the decision to expand the territory of
the G4 City special economic zone (SEZ) from 30,000 to 96,500
hectares and rename it to SEZ Alatau.
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