A Kazakh delegation led by Deputy Prime Minister Kanat Bozumbayev has completed an Alatau City investment roadshow in three European financial and industrial centres: London, Berlin and Frankfurt am Main. The government said the tour produced 27 commercial documents with a combined investment potential of more than $2 billion.
The final stage was in Frankfurt, where the delegation presented Alatau City's investment opportunities and discussed German companies taking part in infrastructure, industrial and technology projects. At an Alatau City Investment Round Table, representatives of banks, investment institutions and international companies discussed financing for infrastructure projects, long-term capital and German financial instruments.
Bozumbayev set out Alatau City's strategic development priorities and the prospects for Kazakh-German investment cooperation. Alisher Abdykadyrov, chief executive of the Alatau City Authority, introduced the city's concept, main development areas and conditions for international investors.
After the Frankfurt talks, the Alatau City Authority, Alatau City Bank and the German institutions AKA Bank and KfW, Germany's state-owned development bank, signed agreements on bank financing for Alatau City projects. The cooperation provides for financing of investment projects.
Industrial and technological cooperation was also discussed with WILO, Zrinski Solutions, Myron AG, Nikolaus & Co. and Schneider Group. Those talks covered engineering and service infrastructure, medical equipment production, asset tokenization and investment consulting.
The German leg, with events in Berlin and Frankfurt am Main, produced 18 agreements with an investment potential of $715 million. Across the European roadshow, the stated areas of cooperation are finance, engineering infrastructure, education, mechanical engineering, healthcare, tourism and the digital economy.