President Kasymschomart Tokayev called on South Korean companies to participate in the construction of the new city of Alatau at the Kazakhstan-Korea Business Forum in Astana. The project is positioned as a future international business hub for the region. Implementation is carried out in partnership with Singaporean firms.
Key facts
- President Tokayev called on South Korean investors to participate at the business forum on June 12, 2024.
- The Alatau Special Economic Zone was expanded from 30,000 to 96,500 hectares.
- The name of the special economic zone was changed from G4 City to Alatau.
- The city of Alatau was established by presidential decree in January 2024.