Kazakhstan plans to enshrine the special status of Alatau city in a constitutional law to provide legal guarantees for investors. Concurrently, the Ministry of National Economy forecasts a potential contribution to the economy of 40 to 50 billion USD over 30 years. The legal framework aims to exceed the existing special economic zone model by enabling independent ecosystem regulation.
Key facts
- Enshrinement in constitutional law to secure a special legal regime.
- Projected total contribution to GDP of 40–50 billion USD over 30 years.
- Phase 1 (2025–2030): Target of 401,000 residents and 220,900 jobs.
- Introduction of a “One-Stop-Shop” for investment procedures.
- Regulatory areas include DeFi, Web3, AI, and Smart City technologies.