Kazakhstan’s ambitious new city of Alatau has taken a major step toward becoming a regional innovation and business hub after securing 24 cooperation agreements with a combined investment potential of up to $6 billion during a high-profile roadshow in Shenzhen, China.

The investment event brought together government officials, financial institutions, investment funds, developers, and technology companies from Kazakhstan and China to explore opportunities in one of Central Asia’s most ambitious urban development projects, The Caspian Post reports via Kazinform.

During the roadshow, the Kazakh delegation showcased Alatau’s development strategy, highlighting investor incentives, streamlined project support through a one-stop service model, and the advantages offered under the city’s special legal framework.

A key theme of the discussions was learning from Shenzhen, one of the world’s most successful examples of rapid urban development, technological innovation, and digital governance. Kazakhstan plans to incorporate many of Shenzhen’s best practices into the design and development of Alatau.

The delegation held talks with executives from some of China’s largest corporations, including companies specializing in infrastructure, construction, finance, technology, logistics, and industrial development.

Discussions focused on Chinese participation in Alatau’s infrastructure projects, technology transfer, industrial localization, smart-city solutions, and sustainable urban development.

The most significant outcome of the visit was the signing of 24 cooperation agreements covering projects in industry, energy, logistics, advanced technologies, and the digital economy. Together, the initiatives carry an estimated investment potential of up to $6 billion.

Officials described the strong response from Chinese businesses as evidence of growing international interest in Alatau, which is being positioned as a next-generation city designed to attract global investment, innovation, and talent.

The investment mission will continue in Hong Kong, where the Kazakh delegation is scheduled to meet with major investment funds, banks, insurance companies, and technology firms as it seeks to attract additional partners for the landmark project.