The Alatau City Council reviewed the progress of key projects
The Prime Minister noted that President Kassym-Jomart Tokayev identified Alatau City as a strategically significant project, with the potential to elevate the country's development to a qualitatively new level.
Investment pipeline expanded to 67 projects
Alisher Abdykadyrov, Chief Executive Officer of the Alatau City Authority, reported on the results of the work completed. Alatau City's investment pipeline has expanded to 67 projects, with total investments amounting to approximately $6.9 billion. Their implementation is expected to create around 55,000 jobs.
Facilities by PepsiCo and Sunny Paper are in an active phase of implementation. Construction work has commenced on manufacturing and logistics projects by Mars Petcare KZ, Griffin Logopark, DanaFlex, and G-Trans Service.
Preparations are underway for the construction of the Iconic Complex, one of the new city’s flagship projects. Progress is also being made on the KIND K-Smart Town project. A comprehensive development concept for a 330-hectare area with a total building floor area of 5.3 million sq. m. has been designed. Completion of the master plan and feasibility study is scheduled by the end of 2026.
New international projects
As part of further efforts to attract investment, several major projects are being developed. These include Full Vision Capital initiatives in sustainable aviation fuel (SAF) production and green energy, the establishment of a branch of the KAIST research institute, CIMC projects in logistics, data centers, and digital infrastructure, as well as a high-tech agricultural complex by Sinomach.
Specific agreements have been reached on setting up a Kazakh-Korean joint investment fund, constructing a production and logistics facility by Hyundai Green Food, and involving Lotte Hotels & Resorts in the Iconic Tower project.
Other areas of cooperation include energy development with Doosan Enerbility, urban air mobility with Korea Airports Corporation, as well as smart mobility and hydrogen technologies together with Hyundai Motor Company.
Development of Alatau Crypto City
The meeting also focused on the development of Alatau Crypto City. In cooperation with the National Bank of the Republic of Kazakhstan, the Tokenization by Default concept has been developed.
Forty-three international and Kazakh companies have confirmed their interest in participating in tokenization projects. Tokenization projects with an aggregate value of up to $10 million are scheduled to launch by the end of 2026.
Engineering and transport infrastructure
The development of the city’s engineering and transport infrastructure was also given particular attention. A total of 26 infrastructure projects are planned for implementation.
In power supply, construction and assembly work for the reconstruction of the Kokpa-1 substation has begun. Some water supply and wastewater projects are nearing completion, while constructors have been appointed for the remaining projects.
Road infrastructure plans include medium repair of 61.2 km of roads and the construction of 15 km of new highways.
Engineering networks, transport, social, and digital infrastructure in Alatau City will be developed ahead of schedule. To ensure sustainable financing for these efforts, budget funding, public-private partnership (PPP), as well as private and quasi-state investments are expected to be used.
Strategic development documents
A package of regulatory documents governing business development, digital assets, and other areas is scheduled for adoption by the end of 2026.
At the same time, a strategic master plan for the city’s development up to 2040 and a detailed plan up to 2055 are being prepared in collaboration with international firms ARUP Group and BCG.
Following the meeting, the Prime Minister instructed that practical implementation of the projects continue and that established deadlines across key development areas of Alatau City be strictly observed.
