Investment & companies

Kazakhstan and South Korea Plan Joint Fund for Alatau

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

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Investment & companies1 Source

Published · last updated · 22 Jun 2026

The South Korean development bank KIND and the Kazakh state financial holding Baiterek have agreed to establish a joint fund to promote investment projects. The talks took place during the 11th session of the Economic Committee in Astana. The fund aims to deepen economic cooperation between the two countries.

Key facts

  • KIND and Baiterek are planning the establishment of a joint fund.
  • The agreement was discussed at the 11th session of the Kazakh-South Korean Economic Committee.
  • The fund serves to activate investment and development projects.
  • Alatau is named as a specific cooperation field for smart city development.
  • Cooperation is also sought in the field of Urban Air Mobility (UAM).

All sources (1)

  1. KIND, 카자흐스탄 국영 금융지주사와 공동펀드 조성 추진더구루 · · KO

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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