G4 City project with an area of 30 thousand hectares near Almaty became a special economic zone

Astana. March 17. KazTAG - The G4 City project with an area of 30 thousand hectares near Almaty has become a special economic zone (SEZ), reports the press service of the Prime Minister.
“According to the Decree of the Government  for the period up to 2048, the SEZ G4 City with an area of 30 thousand hectares was created in the Almaty region. The SEZ is located north of the city of Almaty along the 80-kilometer highway A3 (Almaty-Konayev), a special legal regime is established on its territory. The new economic zone is expected to provide a favorable climate for attracting domestic and foreign investment in the creation of an integrated G4 City, which, in turn, will enhance the development of the entire region,” reads the message.

Until 2048, within the framework of the SEZ, it is planned:

- to attract about KZT3.7 trillion of investments;

- to produce goods and services worth more than KZT17 trillion;

- to create about 60 thousand work places.

According to the G4 City development concept, the integrated city will consist of four thematic areas:

- Gate City - business and financial center;

- Golden District - educational and medical hub;

- Growing District - innovation-industrial and trade and logistics zones;

- Green District - tourism cluster.

“It is assumed that about 2.2 million people will live in G4 City,” reads the statement.

Photo source: picture from an open source