Oct 15, 2025
Alatau Rise With Kazakhstan
was held in Seoul, which was opened by Deputy Prime minister Kanat Bozumbayev,
who presented the project of the new Alatau city to potential investors and
partners. This is reported on the website of the Government of Kazakhstan,
corresponds Tengrinews.kz.
Alatau city was granted the special
status of advanced development city by a separate Decree of the President in
September, 2025. The Alatau Development Council, established under the chairmanship
of the Prime Minister will be the main strategic decision-making body. Thus,
the city will be directly subordinated to the government.
Alatau city is already being
considered as a future hub of technology companies and export-oriented industries.
The city is ready to provide specialized incentive programs for targeted
industries such as urban air mobility and hydrogen economy, in which Kazakhstan
and Korea can cooperate.
According to the Korean ABC channel,
Yuriy Tskhay, a member of City Development Council, Chairman of the Caspian
Group and developer of Alatau city, addressed a welcome speech:
- This project has gone
through a difficult path, covered 18 years, but today it has received the full
support of the Head of State and has already been named as a nationwide project
– the city of the future, where innovative technologies, including AI,
digitalization and air mobility will be implemented. This project is capable to
change the country`s economy and the lifestyle of each resident. For me personally
– it is like the main Olympic Games, he said.
Kwak Sang-eon, a member of the National Assembly of the Republic of
Korea and a member of the MOTIE Committee, also spoke at the event.
- Alatau is not just an urban development
project, it is a national program of the future, reflecting the vision of
Kazakhstan. The choice of the Republic of Korea as a key partner, expresses
deep trust. Korea, lacking natural resources, achieved a miracle on the Han
River, due to the knowledge, technology and hard work of their citizens. We are
ready to share this experience in the field of smart cities, infrastructure,
technologies and digital solutions to help Kazakhstan to realize the potential
of Alatau. I hope, that Alatau will become a new center of economic growth in Kazakhstan,
and our companies and engineers will contribute to this.
Read more: https://tengrinews.kz/asia/proekt-alatau-city-predstavili-v-yujnoy-koree-583294/