Nov 24, 2023
Issues of realization of the project of construction
of Alatau city (G4 City) in Almaty region between Almaty and Konayev were
discussed at the meeting in the Government under the chairmanship of the Prime
Minister of the Republic of Kazakhstan Alikhan Smailov.
With the participation of heads of central government
agencies and Akimat of the region, approaches to the development of the city
were considered. According to the plan, it should become a point for attracting
domestic and foreign investments, an international business hub operating
according to high world standards. The experience of creating such famous
centers of the world as Dubai, Singapore, Tianjin, etc. will be taken as a
basis.
In particular, the development of Alatau city will
allow to increase the level of trade and investment interaction with China and
Central Asian countries, launch a number of new production and commercial
projects, introduce best practices in various spheres and industries. To this
end, conditions and incentives will be provided for attracting investments and
conducting business activities. This includes tax and customs preferences.
The possibility of introducing a special legal regime,
including the right of the International Financial Center "Astana" on
the territory of Alatau city will also be considered.
Prime Minister emphasized that during the
implementation it is necessary to take into account international experience
and use such support measures, which have shown the greatest effectiveness.
In addition, there is a need to intensify the
construction of the required infrastructure in cooperation with business, in
particular, through the mechanism of public-private partnership.
Source of information: https://primeminister.kz/en/news/alatau-city-in-almaty-region-to-become-kazakhstan-new-business-card-26390