Nov 21, 2025
Former senator and chairman of the board of directors of Caspian Group Yuriy Tskhay presented a project to build a new business district, Gate District, in Alatau city, according to the Almaty Region Akimat. The project includes the construction of a landmark business center, Iconic Building.
“A trilateral agreement on this project was reached on the sidelines of the Kazakhstan-China Business Council with the participation of the heads of state in September this year,” the regional administration said in a statement.
The Alatau SEZ website reports that a financial center is planned for construction in the Gate District (located between the settlements of Otegen batyr, Pokrovka, Koyankus, Yntymak, and Zhanalyk). It will offer unique conditions for doing business, including zero rates for corporate income tax, individual income tax, land and property taxes.
The business center will be a complex of Class A business centers with full infrastructure. In addition, hotels and shopping and entertainment centers will be built in the area for residents and visitors to spend their free time.
At the end of September 2025, the government announced that the Iconic Building-1 International Business Development Center would become the anchor project of the Gate District. Kanat Bozumbayev instructed the authorities and investors to speed up the construction of this facility, which will become a symbol of the launch of the Alatau City project.
Source link: https://kz.kursiv.media/2025-11-21/zhzh-gate-district-iconic-building/?utm_campaign=endless_feed