Investment & companies

Alatau: 39.4 Billion Tenge in Investments and Special Economic Zone with Tax Exemptions

The smart city of the future between Almaty and Konaev – put into context for European companies

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Investment & companies1 Source

Published · last updated · 27 Nov 2024

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.

All sources (1)

  1. ₸39,4 млрд инвестиций привлекли в город Алатау с начала года24.kz · · RU

Imprint | Information pursuant to § 5 DDG

Company

AETEK GmbH Lindenstraße 5
63808 Haibach, Germany

Managing Director

Artur R. Pamin

Commercial Register

Amtsgericht Aschaffenburg
HRB 14157

VAT ID No.

DE288091462

EORI No.

DE644795536634916

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