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Kazakhstan: Almaty region attracts new investments

ALMATY, Kazakhstan (TCA) — An international business forum Jetisy Invest-2019 took place in Taldykorgan, Almaty region on October 4. The event was attended by the Deputy Minister of Foreign Affairs of Kazakhstan Ermek Kosherbayev, Akim (Governor) of Almaty Region Amandyk Batalov, Deputy CEO of KAZAKH INVEST national investment promotion company Birzhan Kaneshev as well as over 400 representatives of the diplomatic corps, financial organisations and international and local business circles from 7 countries, the Kazakh Foreign Ministry reported. Continue reading

Kazakhstan: IFC to support city of Almaty to improve infrastructure services

ALMATY, Kazakhstan (TCA) — The International Finance Corporation (IFC), a member of the World Bank Group, and the Mayor’s Office of the City of Almaty on February 25 signed an agreement by which IFC will be supporting the municipality to access long-term capital and ramp up its investments in critical infrastructure. Continue reading

Kazakhstan: Almaty makes strides in tourism development

ASTANA (TCA) — As part of his working trip to Almaty on December 21, Prime Minister Bakytzhan Sagintayev visited a number of infrastructure facilities to see the development of the tourist potential of the city: the Almaty-2 railway station and the Visit Almaty tourist hub. A presentation of the new Carsharing service also took place in Almaty, the official website of the Prime Minister of Kazakhstan reported. Continue reading

Kazakhstan launches construction of Big Almaty Ring Road

ALMATY (TCA) — On May 31, in Almaty, Kazakhstan’s First Deputy Prime Minister Askar Mamin took part in the ceremony to launch the construction of the Big Almaty Ring Road, the official website of the Prime Minister of Kazakhstan reported. Continue reading

Kazakhstan: Almaty may host UN hub to implement SDGs in Central Asia

ALMATY (TCA) — Cooperation with the UN remains priority direction of Kazakhstan's foreign policy from the first days of independence, Kazakhstan Foreign Minister Kairat Abdrakhmanov said at the high-level meeting “Kazakhstan-UN: Experience, Achievements and Prospects for Cooperation" held in Almaty on February 16. The event was dedicated to the 25th anniversary of the opening of the first United Nations office in Kazakhstan, the Kazakh Foreign Ministry reported. Continue reading

Kazakhstan: a Disneyland may appear in Almaty region

ASTANA (TCA) — Tourism is becoming one of the leading sectors of Kazakhstan’s economy and one of the drivers of economic diversification. In Kazakhstan, the E-tourism portal will be launched, the Gamification of Sacred Sites project via a mobile application will begin. In Almaty region, it is planned to open a Disney park with Kazakh color. Rashid Kuzembaev, chairman of Kazakh Tourism national company, told about this in an interview with PrimeMinister.kz. Kuzembaev said that in order to stimulate domestic tourism, Kazakh Tourism will implement the project "Gamification of Sacred Sites" through a mobile application. “The target audience is young people. Most of the sacred places in the country are far from cities, where there is a weak undeveloped infrastructure. It takes a considerable amount of time to make them interesting and convenient for tourists. And due to stimulation through gaming, we can interest young people to start visiting these sacred places,” he said. Asked about what can attract foreign investors to the tourism industry in Kazakhstan, Kuzembaev said the country should rely on eco- and ethno-tourism. “We should hold festivals. They must be international and appear on the calendar of international events. This year we plan to hold a festival of nomadic culture ‘Uly Dala Ruhy’ near Astana in the framework of celebrating the 20th anniversary of the capital. Representatives of 10 countries will take part in it. Among them are Hungary, Bulgaria, Turkey, the countries of Central Asia.” As for projects involving foreign investment, Kuzembaev said that this should be thematic entertainment parks. “There is a very interesting project, which is planned for implementation in the Almaty region. We have previously met with potential investors – with the Shanghai Shendi Group, which implemented the ambitious Disney Park project in Shanghai, which is the most modern and most technologically advanced park of the six that exist. They are interested. We want a thematic color, which will be connected with historical persons, nomadic culture of Kazakhs in our Disney park,” Kuzembaev said. He added that now the project is at the stage of concept, the master plan, but the initiator of the project has already concluded a memorandum with the administration of Almaty region on allocation of land, and work is currently under way to develop a feasibility study.