Heang Fine Wong: Alatau city will ensure the transfer of advanced technologies and the scaling of innovations

Alatau city will create unique conditions for international corporations due to the introduction of a new system of common law and special incentive regimes. This was announced by Heang Fine Wong, Chairman of Asia Infrastructure Solutions Singapore and member of the Alatau City Development Council.

According to him, the new city will offer foreign businesses a fundamentally different operating model that will allow them to freely attract talent and capital. The Gate District financial cluster, which will be closely integrated with the Astana International Financial Center, will play a special role in this process.

"I believe that this will contribute significantly to Kazakhstan's GDP growth. As in many other cases, the multiplier effect can be manifold. It all depends on which sector of the financial industry we are looking at. We are focusing on PropTech, as well as cryptocurrencies and new digital assets. This is a new type of industry that is currently not available anywhere else in Kazakhstan," said Heang Fine Wong.

Source link: https://www.gov.kz/memleket/entities/almobl/press/news/details/1110175?lang=ru

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