Feb 03, 2026
The
development of Alatau City will be driven primarily by private capital. The new
management model is designed to create exceptional conditions for business,
with all key administrative and economic issues resolved from a single center,
providing investors with long-term predictability. This was announced by Bolat
Zhamishev, a member of the Alatau City Development Council, according to
Kazpravda.kz.
According
to him, to ensure investment security, the operating conditions of each large
enterprise will be specified in individual licenses, guaranteeing a stable
legal regime. The city will grow around four centers: industrial, logistics,
scientific and medical, and tourist zones.
"It's
important to understand that Alatau doesn't envisage the creation of some kind
of special economic zone with tax incentives in this city. We're talking about
a so-called Charter City scheme, where all city matters are managed from a
single center. It's envisioned that the city, with the exception of critical
infrastructure, will be built using private investment. The goal is to create a
legal and organizational environment that will facilitate investment and open
the city to new industries," noted Bolat Zhamishev.