Construction & infrastructure

Gate City: Construction Delays and Funding Status of the Satellite City

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

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Construction & infrastructureGate1 Source

Published · last updated · 22 Jan 2020

Construction of the first residential district in Gate City has been postponed to the second quarter of 2020. Completion is scheduled for 2022, with 190,000 square meters of housing to be developed using investor funds. Since 2008, a total of ₸36.9 billion has been allocated to the project from the state budget.

District: Gate (named in the source)

Key facts

  • Construction start of the first residential district postponed to Q2 2020.
  • Completion and commissioning planned for 2022.
  • Scope: 190,000 square meters of housing, financed by investors.
  • Cumulative state funding allocation since 2008: ₸36.9 billion.
  • Financial and business center Gate City to be developed by 2030.

All sources (1)

  1. Сколько денег выделено на строительство Gate City с начала года: 22 января 2020 10:14TengriNews · · RU

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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