Since the beginning of the year, investments of 39.4 billion tenge have been attracted to the new city of Alatau, amounting to approximately 79% of the annual target. The city, established in January by renaming Zhetigen, plans to implement seven projects, including a logistics park and a snack production facility. The entire city area and parts of Konaev are part of the Alatau Special Economic Zone (SEZ), covering 96,500 hectares.
Key facts
- Investment volume since start of year: 39.4 billion tenge (approx. 79% of plan).
- Area of Alatau SEZ: 96,500 hectares (triple expansion).
- Threshold for tax exemption: Minimum investment of 98 million USD.
- Planned projects: 7 initiatives, including logistics park (45 billion tenge) and snack factory (>80 billion tenge).
- Jobs: 1,015 created so far, target for all projects significantly higher.