Investment & companies

Alatau City: Roadshow in South Korea and Signing of Memoranda

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

· 10 Sources Official: Alatau City Authority

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Investment & companiesOfficial: Alatau City Authority10 Sources

Published · last updated · 15 Oct 2025 – 17 Oct 2025

At the “Alatau Rise With Kazakhstan” event in Seoul, Deputy Prime Minister Kanat Bozumbayev presented the new city of Alatau project. Memoranda on cooperation in air mobility, hydrogen energy, and education were signed. Alatau City Bank announced investments of USD 1 billion for the initial phase.

Key facts

  • Total city area: 88,000 hectares.
  • Investment volume of Alatau City Bank: USD 1 billion.
  • Investments in Urban Air Mobility: approx. USD 400 million.
  • Planned start of commercial operations (air mobility): End of 2028.
  • Tax incentives: 0% corporate income tax, 0% land and property tax, 0% VAT.

All sources (12)

  1. Deputy Prime Minister Kanat Bozumbayev Presented Alatau City Project at Roadshow in South KoreaPrimeMinister.kz · · EN
  2. Kazakhstan seeks Korean partnership in smart city, innovation driveThe Korea Times · · EN
  3. Заместитель Премьер-министра Канат Бозумбаев представил проект Alatau City на роуд-шоу в Южной КорееPrimeMinister.kz · · RU
  4. Проект Alatau City презентовали в Сеуле24.kz · · RU
  5. Alatau City: Казахстан представил в Сеуле проект города будущегоEl.kz · · KK
  6. Проект Alatau City представили в Южной КорееTengriNews · · KK
  7. Kazakhstan Unveils Alatau City Project to Korean Investors in SeoulThe Astana Times · · EN
  8. КАКИЕ ПРОЕКТЫ ALATAU CITY ПРЕЗЕНТОВАЛИ В ЮЖНОЙ КОРЕЕThe Tenge · · RU
  9. Как Южная Корея отреагировала на проект Alatau CityКазинформ · · RU
  10. Компании Кореи инвестируют в «Alatau City»24.kz · · RU
  11. INTERVIEW: K-Park in Kazakhstans smart city embodies fortitude of ethnic Koreans — past and futureAju Press · · EN
  12. Official: Alatau City AuthorityThe international roadshow Alatau Rise with Kazakhstan has officially kicked off in SeoulAlatau City Authority · · EN

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