Investment & companies

Alatau: Cooperation Agreement with Baiterek and Status Change of Authority

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

· 4 Sources Official: Alatau City Authority

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Investment & companiesOfficial: Alatau City Authority4 Sources

Published · last updated · 30 Jun 2026 – 10 Jul 2026

On July 10, 2026, Alatau City Authority and Baiterek Holding signed a cooperation agreement to finance infrastructure and industrial projects. Concurrently, the Alatau City Council resolved to transform Alatau City Authority into a government body. The aim is to systematically provide financial instruments for investors within the city's new special legal regime.

Key facts

  • On July 10, 2026, Alatau City Authority and Baiterek Holding signed a cooperation agreement.
  • Alatau City Authority was transformed into a government body (special management organization).
  • An Operational Committee and a Regulatory Commission were established.
  • The investment pipeline includes 53 projects valued at over 2 trillion tenge.
  • The Constitutional Law on the special legal regime entered into force gradually on July 1, 2026.

All sources (5)

  1. Казахстан и США расширяют деловое партнерство: инвесторам представлены возможности города Алатау, МФЦА и механизмы поддержки АО НИХ «Байтерек» - Официальный информационный ресурс Премьер-министра Республики КазахстаPrimeMinister.kz · · RU
  2. «Байтерек» предложил финансовые инструменты городу АлатауForbes.kz · · RU
  3. Холдинг «Байтерек» и Alatau City Authority подписали соглашение о сотрудничествеКазинформ · · RU
  4. Official: Alatau City AuthorityAlatau City Authority Transformed into a Government BodyAlatau City Authority · · EN
  5. Official: Alatau City AuthorityAlatau City Authority and Baiterek Holding Expand Cooperation on Investment Project ImplementationAlatau City Authority · · EN

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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