Alatau: Hyundai Motor Group signs MOU for Smart City project in Kazakhstan

Investment & companies1 Source

Published 13 Nov 2026 · last updated 13 Nov 2026 · 5 Nov 2026

Hyundai Motor Group has signed a memorandum of understanding (MOU) with local partners for the development of the Alatau Smart City. The project covers an area of 880 square kilometers north of Almaty and aims to validate physical AI-based urban concepts. The cooperation takes place in the context of existing CKD production and the expansion of business activities into autonomous mobility.

Key facts

• Signing of an MOU for the Alatau Smart City covering 880 square kilometers.
• Partners include the Kaspiyan Group, United Group Alatau, and the city of Almaty.
• Hyundai operates a CKD plant in Almaty since 2020 with an annual capacity of over 52,000 vehicles.
• In September 2026, commercial projects worth $238.3 million were agreed upon.
• Focus is on integrating AI, autonomous robots, and electric mobility infrastructure.

All sources (1)

1. 현대차그룹, 카자흐 알마티 시장과 회동…'로봇·AI' 스마트시티 논의한국신용신문 · 5 Nov 2026 · KO