TechFlow News, June 13: According to PrimeMinister.kz, during his visit to Hong Kong, Kazakh Deputy Prime Minister Kanat Bozumbayev met with Chief Executive John Lee to discuss expanding trade and economic cooperation as well as collaboration in financial technology innovation. The centerpiece of the visit was the “Alatau City China Roadshow” investment roundtable, which attracted participation from numerous leading Hong Kong-based investment funds, financial institutions, and technology enterprises.
During the meeting, the Alatau City Administration signed six cooperation agreements and memoranda of understanding (MOUs) with multiple international enterprises, covering the following key areas:
- ANT Digital Technologies, a subsidiary of Ant Group: exploring participation in Alatau City’s digital infrastructure development and deployment of advanced fintech solutions;
- Solana Foundation: collaborating on Web3 ecosystem development, blockchain talent cultivation, and support for tech startups;
- Dasco Capital and Templewater: signing an MOU to jointly establish a private equity fund focused on investments in Kazakhstan and Central Asia, with Alatau City designated as a priority investment target.
Additionally, the Kazakh delegation held meetings with senior executives from major Hong Kong investment and development firms, including Henderson Land Development, Far East Consortium, Sun Hung Kai Companies, and Boshi Fund.
Alatau City is a new economic growth hub launched under the directive of Kazakh President Kassym-Jomart Tokayev. It operates under a special legal regime, drawing on Hong Kong’s successful experience in investor protection and international regulatory standards.
