Alatau: Criticism over missing South Korean FDI despite legal framework

Investment & companies1 Source

Published 9 Nov 2026 · last updated 9 Nov 2026 · 9 Nov 2026

A press commentary criticizes the gap between the presentation of visions for Alatau City and actual South Korean investments. Although a special legal regime has existed since May 2026 and planning is underway with Korean institutions, concrete financial commitments and investable projects are missing.

Key facts

• The constitutional law on the special regime for Alatau City was adopted on May 8, 2026.
• The Korea Overseas Infrastructure & Urban Development Corporation (KIND) is involved in planning.
• Initiatives were presented during President Kassym-Jomart Tokayev's visit to Seoul in September 2026.
• Concrete South Korean foreign direct investments and investable projects are missing.

All sources (1)

1. Opinion: Kazakhstan and South Korea Need Investment, Not More Memoranda, for Alatau CityThe Times Of Central Asia · 9 Nov 2026 · EN