Alatau City Roadshow Investment Roundtable Held in Hong Kong

As part of an official visit to the Hong Kong Special Administrative Region of the People’s Republic of China, Deputy Prime Minister of the Republic of Kazakhstan Kanat Bozumbayev met with the Chief Executive of Hong Kong, John Lee. The parties discussed the current state and future prospects of trade and economic cooperation between Kazakhstan and Hong Kong, as well as opportunities to expand collaboration in the financial, technological, and innovation sectors.

Continuing the business programme of the visit, Kanat Bozumbayev and John Lee participated in the Alatau City Roadshow investment roundtable, which brought together representatives of leading investment funds, financial institutions, technology companies, and business associations from Hong Kong.
As part of the roundtable, 6 agreements and memorandums of cooperation were signed between Alatau City Authority and leading corporations in the fields of digital technologies and innovation. Particular interest in Alatau City investment opportunities was expressed by ANT Digital Technologies the leading fintech company which includes the Alipay digital ecosystem. In addition, Solana Foundation – one of the world’s leading organisations in the field of Web3 technologies and digital assets – expressed its intention to participate in Alatau City projects at an early stage. The agreement provides for cooperation in developing the innovation ecosystem of Alatau City, implementing advanced digital solutions, supporting technology start-ups, and training specialists in blockchain technologies. During the visit, a memorandum was signed between Dasco Capital and Templewater on the joint establishment of a private equity fund to invest in the economies of Kazakhstan and Central Asia. Projects in Alatau City will be among the priority investment directions of the new fund.
A separate event within the programme was a meeting between Kanat Bozumbayev and leading business figures of Hong Kong — senior executives and representatives of Henderson Land, Far East Consortium, Sunwah Group, Bosera Asset Management and other major investment funds, financial institutions, and corporations in the region. International investors expressed their readiness to establish partnerships and participate in joint projects in Alatau City.
Read more: https://primeminister.kz/en/news/alatau-city-roadshow-investment-roundtable-held-in-hong-kong-31510