SEOUL, October 16 (AJP) - Kazakhstan is envisioning Alatau Smart City as a regional capital of innovation and digital finance and sees South Korea as an ideal partner for the goal, said the country's deputy prime minister.
"The government's goal is to position Alatau as an innovation center," Deputy Prime Minister Kanat Bozumbayev said in Seoul this week. He led a high-level delegation for a two-day forum aimed at drawing Korean participation and investment in the country's ambitious initiative. "We welcome all innovations coming from Korea," he said, adding that U.S. and Chinese capital are already committed to the ventures.
"The city's industry and infrastructure will be filled with innovation from the very beginning. It will be developed as a smart city built on intelligent systems and digital technologies applied across all sectors," he said.
He also described Alatau as a "crypto city," where blockchain and digital finance will be part of daily life. "There will be crypto mortgages, crypto exchanges, and stablecoins in circulation," he said. "This kind of system does not exist yet in Kazakhstan or anywhere else in Central Asia, so we will test it within a regulatory sandbox."
Bozumbayev said Kazakhstan plans to introduce AI-driven mobility, drone logistics, and other smart infrastructure as part of the city's growth, and hydrogen energy is one of the most promising fields for collaboration. "We hope that Doosan's innovative technologies will also be implemented in Alatau, particularly in the field of blue and green hydrogen," he said. "Together with Korean partners, we can build the infrastructure for hydrogen production, transport, and storage, and eventually develop hydrogen-powered engines for vehicles and trains."
Alatau will operate under a special legal framework that allows faster approval and certification for new technologies. "If national laws do not perfectly fit the city's innovative projects, the city will be able to create its own local regulations to support them," he said. "We plan to make Alatau the first city in the world to combine all of these elements into one system."
The project, which consists of four districts — Gate, Golden, Growing, and Green — will bring together finance, education, industry, and leisure in a single ecosystem. The Kazakh government is seeking participation from South Korean construction and engineering firms such as Samsung C&T, Hyundai E&C, and Daewoo E&C during the city's initial development phase.
Bozumbayev said nurturing human talent is central to the project. "Around half a million people are born in Kazakhstan every year. In 18 years, that's half a million new workers joining the labor market," he said. "We are a young nation, and we need to train more specialists in technical fields."
Talks are underway with Korean institutes to establish a campus in Alatau focused on AI, robotics, and mobility systems. The project also includes plans for a Korean medical cluster and a K-content complex called K-Park.
"We are already seen as a regional leader, and many neighboring countries are learning from our experience," Bozumbayev said. "What succeeds in Alatau will later be expanded to other cities across Kazakhstan and beyond."
reporter
Park Sae-jin
swatchsjp@ajunews.com
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