ASTANA – Kazakhstan’s Alatau City has secured 27 commercial agreements with a combined investment potential of more than $2 billion following an investment roadshow across London, Berlin and Frankfurt, the prime minister’s press service reported.
Kazakhstan’s Alatau City has secured 27 commercial agreements. Photo credit: PM’s press service.
The Kazakh delegation, led by Deputy Prime Minister Kanat Bozumbayev, concluded the European program with meetings in Frankfurt, where officials presented investment opportunities and discussed German companies’ participation in infrastructure, industrial and technology projects.
During the Alatau City Investment Round Table, representatives of banks, investment institutions and international companies discussed financing infrastructure projects, attracting long-term capital and using German financial instruments.
The Kazakh delegation was led by Deputy Prime Minister Kanat Bozumbayev. Photo credit: PM’s press service.
Bozumbayev presented the city’s development priorities and prospects for Kazakhstan-Germany investment cooperation. Alisher Abdykadyrov, chief executive officer of Alatau City Authority, outlined the city’s concept, key development areas and opportunities for international investors.
The Frankfurt meetings resulted in agreements on banking finance for Alatau City projects. The documents were signed by Alatau City Authority, Alatau City Bank and German financial institutions AKA Bank and KfW, Germany’s state-owned development bank. The cooperation covers financing investment projects and procuring German equipment.
The delegation also held discussions with WILO, Zrinski Solutions, Myron AG, Nikolaus & Co. and Schneider Group on potential industrial and technological cooperation. Areas of interest included engineering and service infrastructure, medical equipment manufacturing, asset tokenization and investment consulting.
During the German leg of the roadshow, which included events in Berlin and Frankfurt, the delegation signed 18 agreements with an investment potential of $715 million.
Overall, the European roadshow produced a portfolio of 27 commercial documents with a combined investment potential exceeding $2 billion. The agreements cover finance, engineering infrastructure, education, mechanical engineering, healthcare, tourism and the digital economy.
