The first anchor investors have entered Alatau

The city with special status is beginning to build infrastructure and prepare the ground for large capital investments.

The main news determining the future of the project is the development of the Constitutional Law “On the special status of Alatau city.” As explained to inbusiness.kz by the Ministry of National Economy, this involves the creation of a unique regulatory hub based on the experience of Dubai and Singapore. The document should provide an unprecedented level of freedom for business.

“The cornerstones of the constitutional law are administrative separation with deep de-bureaucratization, regulatory autonomy in the legal regime, and financial independence, including a special tax regime and regulation of digital assets,” said Bauyrzhan Omarbekov, Deputy Minister of National Economy of the Republic of Kazakhstan.

From animal feed to logistics hubs

While lawyers are fine-tuning the letter of the law, work is already in full swing on the ground. The 97,000-hectare Alatau Special Economic Zone has begun to fill up with real production. The Ministry of Industry and Construction confirms the registration of six major investors who are shaping the industrial landscape of the region.

Read more: https://inbusiness.kz/ru/news/v-alatau-zashli-pervye-yakornye-investory

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