Six Agreements Signed in One Day: Alatau City Strengthens Ties with Hong Kong
One of the key events of the visit was the Alatau City Roadshow in China investment roundtable, which brought together representatives of leading investment funds, financial institutions, technology companies, and business associations from Hong Kong.
Participants were introduced to the investment potential of Alatau City, a new economic growth center being developed on the instructions of President Kassym-Jomart Tokayev. Particular attention was given to the city’s special legal regime, investor support mechanisms, and opportunities in financial technology, artificial intelligence, Web3, and innovative urban infrastructure.
Addressing the roundtable participants, Kanat Bozumbayev noted that Kazakhstan views Hong Kong as one of Asia’s leading international financial centers and an important gateway for attracting investment, technology, and managerial expertise.
“Hong Kong occupies a unique position within the global financial system and remains one of the world’s leading platforms for international investment, capital management, and cross-border projects. This is precisely why it is important for us to present the Alatau project to Hong Kong’s investment and business community. For the first time in Kazakhstan’s history, we are creating a city with a special legal regime that, in many respects, draws on approaches successfully implemented in Hong Kong, with a strong emphasis on clear rules, investor protection, and international regulatory standards,” Kanat Bozumbayev said.
For his part, Hong Kong Chief Executive John Lee praised Kazakhstan’s development momentum and expressed support for expanding cooperation between the business communities of both sides.
As a result of the roundtable, six cooperation agreements and memorandums of understanding were signed between Alatau City Authority and international companies operating in the fields of digital technologies, innovation, and investment.
One of the key partners was ANT Digital Technologies, part of Ant Group, the company behind Alipay. The company is exploring opportunities to participate in the development of digital infrastructure and the implementation of advanced fintech solutions in Alatau City.
Another significant outcome was the signing of an agreement with the Solana Foundation, one of the world’s leading organizations in the field of Web3 technologies and digital assets. The parties agreed to cooperate on developing Alatau City’s innovation ecosystem, supporting technology startups, implementing advanced digital solutions, and training specialists in blockchain technologies.
The roadshow also saw the signing of a memorandum between Dasco Capital and Templewater to establish a joint private equity fund focused on financing projects in Kazakhstan and Central Asia. Alatau City projects have been identified as one of the priority investment areas for the new fund.
As part of the business program, the Kazakh delegation also met with executives from some of Hong Kong’s leading investment and development companies, including Henderson Land, Far East Consortium, Sunwah Group, and Bosera Asset Management, among other major regional corporations. Representatives of the international business community expressed strong interest in developing partnerships and implementing joint projects in Alatau City.
The working visit to Hong Kong marked an important milestone in the international promotion of Alatau City and built upon the momentum generated by the Alatau City Roadshow in China. The agreements reached during the visit open new opportunities for attracting investment, technology, and global partners to support the long-term development of Alatau City.
Source: PrimeMinister.kz
