• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home World News Asia

A Business Hub for Central Asia’s Elite? What to Expect From Alatau – The Diplomat

June 24, 2025
in Asia
Reading Time: 4 mins read
A A
0
A Business Hub for Central Asia’s Elite? What to Expect From Alatau
3
SHARES
6
VIEWS
Share on FacebookShare on Twitter


In a late afternoon session at the Astana International Forum, Kazakhstan’s Vice Minister of National Economy Zhandos Shaimardanov stepped onto the stage for a long-awaited talk on the city of Alatau. Officially signed into existence by President Kassym-Jomart Tokayev in January 2024, the city was introduced as a hypermodern metropolis complete with cryptocurrency payment systems and aspirations for drone taxis.

Although Tokayev himself was not present, panelists left little doubt: this was to be his signature project. In many ways, Alatau is Tokayev’s own version of Astana, which became the country’s capital more than 30 years ago. 

The vision is grand. Alatau, located north of Almaty in southeastern Kazakhstan, is meant to become a key trade hub with China and a magnet for the brightest minds in Central Asia. According to the official project website, the city will accommodate 2.04 million residents by 2050, integrating businesses, resorts, and research institutions.

Before it was named Alatau, the area was referred to as “G4,” referencing the four interconnected districts planned for the city. Among the most notable are the Gate District, envisioned as a business hub, and the Green District, which will focus on recreation, featuring hotels, theme parks, and golf courses.

Kazakhstan is no stranger to ambitious urban projects. In 1997, then-President Nursultan Nazarbayev undertook such a venture by transforming the provincial town of Akmola into Astana. It became a gleaming new capital and a national prestige project for Kazakhstan’s first president, even bearing his name for several years when it was known as Nur-Sultan. While Alatau could, in many ways, be for Tokayev what Astana was for Nazarbayev, a key difference is visible: Alatau draws heavily on global urban models, most notably, Singapore. 

“We intend to build a completely new integrated metropolis in the style of Singapore,” Tokayev said during a 2024 visit to the city-state, describing Alatau as a future international business hub. That vision is reflected in the project’s leadership: both the master planning company and Tokayev’s chief advisor on Alatau are Singaporean.

Alatau also marks a shift in the funding model for such projects compared to the approach previously used in Astana. Rather than relying solely on the state budget, Tokayev’s administration is marketing the city as a destination for private investment.

“We can build Alatau like Astana or Turkestan, relying on the state budget. But we want to take a different path to make it a city for investors,” said Minister of Digital Development Zhaslan Madiyev during the forum.

The city’s promotional materials highlight its location within a Special Economic Zone (SEZ) and its connection to China’s Belt and Road Initiative (BRI). Companies operating in the SEZ will benefit from reduced taxes and lower customs duties. The government hopes to attract more than 170 projects under this framework.

That approach may also be fiscally necessary. In December 2024, Senator Zhanbolat Zhorgenbayev revealed that the Almaty region had accrued $32 million in debt, causing delays to multiple infrastructure projects that could spill over into Alatau’s development.

Despite this, the Alatau project remains on schedule, something that raises concerns for the communities currently living on the land. Most residents are not opposed to development, but the uncertainty is substantial.

The area in which Alatau is being built, just 60 kilometers outside Almaty, is currently home to rural villages, farmland, and a military base. Its transformation into a high-tech metropolis could mean sweeping changes, particularly for those already living there.

When Astana was built, buildings were erected on land adjacent to the old city center of Akmola, and for this reason displacement wasn’t necessary. But looking at the current master plan for Alatau, the new city will go through multiple villages.

To date, no clear information has been provided regarding relocation, compensation, or integration into the new city. As international investors are focused on polished presentations and ambitious renderings, local families remain in the dark about their future.

Kazakhstan has built futuristic cities before. Whether Tokayev succeeds in making Alatau more than a playground for digital currency and elite investors – whether the plan eventually evolves into a sustainable, inclusive urban hub – remains to be seen.

Previous Post

Canada-born Israel minister reassures millennials uneasy with Iran war

Next Post

The Memo: Trump declares Israel-Iran ceasefire after day of head-spinning drama

Related Posts

Alibaba Cloud to bring AI capabilities to global data centres this year, executive says

Alibaba Cloud to bring AI capabilities to global data centres this year, executive says

June 24, 2025
4
China's Fujian carrier flexes mass swarm attack power

China’s Fujian carrier flexes mass swarm attack power

June 24, 2025
5
Next Post

The Memo: Trump declares Israel-Iran ceasefire after day of head-spinning drama

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Police ID man who died after Corso Italia fight

December 23, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
The poppiest pop-ups of summer 2025

The poppiest pop-ups of summer 2025

June 24, 2025
Iran hoping to “draw a line” under confrontation with US

Iran hoping to “draw a line” under confrontation with US

June 24, 2025
Inclusive education questioned after N.S. student on autism spectrum told to stay home from school

Inclusive education questioned after N.S. student on autism spectrum told to stay home from school

June 24, 2025
UN official calls US-backed Gaza aid system ‘an abomination’

UN official calls US-backed Gaza aid system ‘an abomination’

June 24, 2025

Recent News

The poppiest pop-ups of summer 2025

The poppiest pop-ups of summer 2025

June 24, 2025
0
Iran hoping to “draw a line” under confrontation with US

Iran hoping to “draw a line” under confrontation with US

June 24, 2025
1
Inclusive education questioned after N.S. student on autism spectrum told to stay home from school

Inclusive education questioned after N.S. student on autism spectrum told to stay home from school

June 24, 2025
4
UN official calls US-backed Gaza aid system ‘an abomination’

UN official calls US-backed Gaza aid system ‘an abomination’

June 24, 2025
5

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

The poppiest pop-ups of summer 2025

The poppiest pop-ups of summer 2025

June 24, 2025
Iran hoping to “draw a line” under confrontation with US

Iran hoping to “draw a line” under confrontation with US

June 24, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co