Land use in the new city of Alatau by foreign investors is restricted to lease agreements for specific projects. Failure to meet construction deadlines can result in penalties and land reclamation. Concurrently, the constitutional special status of the city has been clarified, focusing on tax, financial, and judicial matters.
Key facts
- Land is provided to foreign investors only on a lease basis for specific projects.
- A fine is imposed if construction does not begin within two years.
- Land is reclaimed if development does not occur after an additional two years.
- The special status covers tax preferences, financial management, and judicial procedures.
- A digital monitoring system is planned to ensure compliance with obligations.
All sources (4)
- Токаев объяснил специальный режим города АлатауTengriNews · · RU
- Глава государства сегодня выступил на республиканском форуме депутатов маслихатовKapital.kz (Telegram) · · RU
- Alatau City: в каких случаях земля может быть изъята у иностранного инвестораКазинформ · · RU
- Земли в Алатау иностранным инвесторам будут выделять без передачи в собственностьKapital.kz (Telegram) · · RU