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Hong Kong and Kazakhstan Strengthen Ties at Alatau City Investment Roundtable

Kazakhstan's Alatau City Authority hosted an investment roundtable in Hong Kong, building on the recent Central Asia business mission led by Chief Executive John Lee, highlighting opportunities in fintech, low-altitude economy, and smart city development.
Hong Kong and Kazakhstan Strengthen Ties at Alatau City Investment Roundtable

The momentum of Hong Kong’s recent Central Asia visit continued as the Alatau City Authority, a state body of Kazakhstan, hosted the Alatau City Investment Round Table in Hong Kong on June 11, 2026. The event, part of an official Kazakh delegation visit to Hong Kong and the Chinese Mainland, aimed to build on the outcomes of the June 1-5 business mission led by Hong Kong Chief Executive John Lee and organized by the Hong Kong Trade Development Council (HKTDC).

The roundtable drew government representatives, leading enterprises, financial institutions, and investors from Kazakhstan, the Chinese Mainland, and Hong Kong, including members of the recent business delegation. Participants explored investment opportunities in Alatau City, a greenfield project near Almaty, focusing on fintech, the low-altitude economy, smart city development, and infrastructure.

Chief Executive John Lee emphasized Hong Kong’s readiness to collaborate, stating, “Kazakhstan's ambitious reforms and its open, welcoming attitude towards international partners were both welcome and impressive. And Hong Kong is eager to build on this momentum, to explore wide-ranging business and investment co-operation with Kazakhstan - Alatau City very much included.” He highlighted Hong Kong’s unique position under “one country, two systems” as the only world city combining China and global advantages.

Silas Chu, Director of Exhibitions and Digital Business of HKTDC, noted the council’s long-standing commitment to Central Asia, with its Almaty consultant office established in 2018. He said, “Through our business platforms, including those we co-organise with the Hong Kong SAR government, such as the Belt and Road Summit and InnoEX, we can certainly help promote our city's vision and attract international investors and technology partners.”

A key development at the roundtable was the signing of a Memorandum of Understanding (MoU) between Templewater Limited, a business delegation member, and DASCO Capital to explore establishing a fund supporting Kazakhstan’s development and the Alatau City Project.

The Central Asia visit yielded significant results, with 96 MoUs and agreements signed. The business delegation accounted for 66 of these, covering trade, investment, finance, technology, and aviation. Additionally, 15 government-level cooperation agreements and 15 MoUs by non-delegation members in academia and culture were signed. These outcomes underscore Hong Kong’s role as a platform for Mainland enterprises going global and foster long-term collaboration with Central Asian markets.

The HKTDC will continue to support key projects from the visit through business matching and support services, assisting enterprises in exploring international opportunities and promoting collaboration with Belt and Road markets.

Burstable Editorial Team

Burstable Editorial Team

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