Construction & infrastructure

Alatau: Regional Debt of Almaty Threatens Construction of New City

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

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Construction & infrastructure1 Source

Published · last updated · 26 Dec 2024 – 27 Dec 2024

The high debts of the Almaty region are calling into question the realization of the project to build the new city of Alatau. The financial situation of the regional administration is cited as an obstacle to the necessary infrastructure and construction. There are uncertainties regarding the timing of the implementation of the plans.

Key facts

  • The Almaty region has high debts.
  • This debt burden threatens the construction of the new city of Alatau.
  • The project is in a critical phase due to the regional financial situation.

All sources (2)

  1. Долги Алматинской области ставят под угрозу строительство нового города АлатауKursiv Media · · RU
  2. Financial woes threaten Kazakhstan’s ambitious new city projectKursiv Media · · EN

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