The development of Alatau city
will increase the level of trade and investment interaction between Kazakhstan
and China and Central Asian countries. The Kazakh Government predicts that the
implementation of the G4 City initiative will enable to launch a series of new
production and commercial projects and to introduce best practices in various
fields and industries, as well as expects the city to become an international
business hub in the future based on the experience of well-known world centers such
as Dubai, Singapore and Tianjin. Also, the Government has provided special
conditions in Alatau to stimulate entrepreneurial activity and investment,
including tax and customs preferences. The possibility of implementing a
special legal regime, such as the rights of the Astana International Financial
Centre (AIFC), is now under consideration. The Government has emphasized the
need to activate the construction of necessary infrastructure in collaboration
with businesses, particularly through the public-private partnership mechanism.
Editor: Aizhan
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