Kazakh President Qasym-Jomart Toqaev met with heads of German economic associations and financial institutions, proposing that Alatau City be viewed as a "gateway" for broader participation of the German financial sector in the republic's economy, according to infohub.kz.
The head of state noted that Alatau City is Central Asia's first "smart city," designed from the outset to meet all the requirements of the digital era. According to him, the project can serve as a link between German institutional capital and Kazakhstan's investment opportunities.
Toqaev expressed confidence that Alatau City will become a new magnet for talent, technology, and business across Eurasia.
"The President emphasized that Kazakhstan and Germany have all the necessary capabilities to form a close financial, technological, and investment partnership. The main goal is to jointly create new industries and long-term growth points," the Akorda said.
In addition, the Kazakh leader assured that the country will continue to provide favorable and predictable conditions for investors, protect their rights, and support strategically important projects.
Earlier, Kursiv wrote that Toqaev proposed creating a Kazakhstan-German investment and financial platform. It should unite German and European capital with Kazakh co-financing, guarantees, and risk-sharing mechanisms.