Alatau: Cooperation Agreement for City Development with Halyk Bank

Investment & companiesOfficial: Alatau City Authority2 Sources

Published 8 Nov 2026 · last updated 8 Nov 2026 · 22 Jun 2026

The Alatau City Authority, Alatau City Bank, and Halyk Bank signed a Memorandum of Cooperation on June 22, 2026. The framework agreement aims at the comprehensive development of Alatau as an innovation and technology hub in Kazakhstan. Specific projects and implementation mechanisms will be determined in separate agreements.

Key facts

• Signing date: June 22, 2026, in Baku.
• Three signatories: Alatau City Authority, Alatau City Bank, Halyk Bank.
• Focus on AI, Low-Altitude Economy, Smart City, IoT, Web3, and tokenization.
• Cooperation also covers logistics, tourism, education, and healthcare.
• Agreement is framework-based; details to follow in separate contracts.

All sources (2)

1. Kazakhstan’s banks sign deal to support development of Alatau CityTrend News Agency · 22 Jun 2026 · EN
2. Official: Alatau City AuthorityHalyk and Alatau City Bank Become Partners in the Development of Alatau CityAlatau City Authority · 22 Jun 2026 · EN