Discover Qazaqstan via News and Inspiring Stories
QazMonitor Logo
Facebook Qazmonitor iconInstagram Qazmonitor iconTiktok Qazmonitor iconTwitter Qazmonitor iconTelegram Qazmonitor iconYoutube Qazmonitor iconRSS
  1. Main Page
  2. News
  3. New Special Economic Zone Established in the Almaty Region
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

QazMonitor Logo

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.

Only 30% of an article published on The Qazaqstan Monitor website may be used with a mandatory hyperlink provided to indicate the original source. To re-publish the full article, written permission from the editorial is required.