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Astana, Kazakhstan • 20 March, 2023 | 15:37
1 min read

New Special Economic Zone Established in the Almaty Region

G4 City will be home to about 2.2 million people

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g4city.kz
g4city.kz

The Government of Kazakhstan adopted a decree for the period until 2048 on the establishment of a special economic zone (SEZ) G4 City in the Almaty region, QazMonitor reports.

G4 City will be located north of Almaty city along the 80-kilometer highway A3 (Almaty-Konaev). The territory will be under a special legal regime, which will provide a favorable climate for attracting domestic and foreign investment while reducing the capital cost of building facilities.

According to the master plan, it will consist of four thematic areas:

– Gate City – a business and financial center

– Golden District – an educational and medical hub

– Growing District – industrial, trade, and logistics zones

– Green District – a tourist cluster

By 2048, the city is planned to attract about ₸3.7 trillion in investment, produce more than ₸17 trillion in goods and services, and create about 60,000 jobs throughout the SEZ.

The city is expected to be home to about 2.2 million people.

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