Dec 11, 2025
Deputy
Prime Minister Kanat Bozumbayev held a meeting with Kim Bok-hwan, President and
CEO of the Korea Overseas Infrastructure & Urban Development Corporation
(KIND).
Today’s
meeting in Astana was a continuation of the negotiations held in October in
Seoul as part of the Alatau Rise with Kazakhstan roadshow, during which the
Kazakh side presented Alatau Smart City as one of the country’s strategically
significant projects.
«Many
Korean companies have supported our promising Alatau Smart City project, which
we sincerely welcome. KIND could participate in infrastructure construction
projects, including energy, water supply, water treatment, wastewater recycling
and drainage, as well as municipal solid waste processing – both under EPC
contracts and in a development format»,
— said Kanat Bozumbayev.
During
the meeting, the parties also discussed prospects for cooperation on other
potential projects in the fields of logistics and port infrastructure. Taking
into account the broad opportunities for partnership, the Deputy Prime Minister
proposed that the head of KIND consider opening a Corporation office in
Kazakhstan.
Following
the negotiations, a Memorandum of Understanding on Alatau Smart City
Development Corporation was signed between the Ministry of Industry and
Construction of the Republic of Kazakhstan, the State Fund Alatau City
Authority, and the Korea Overseas Infrastructure & Urban Development
Corporation.