Kazakhstan President Kassym-Jomart Tokayev (sitting in the center in the row on the right) met Group CEO of Surbana Jurong Group Wong Heang Fine last Thursday. Both discussed the prospects for the development of G4 City in the Almaty region of Kazakhstan.
Surbana Jurong is providing consultancy services to the Caspian Group, a local developer, to build four new satellite cities in the Almaty region. They discussed the updated master plan of the project to support the creation of a favorable investment climate. Prime Minister Askar Mamin also met Heang Fine to discuss the updated master plan for G4 City.
G4 City is envisioned as a metropolis located along the Almaty-Kapshagai highway and comprises four districts: Gate District (business and financial hub), Golden District (knowledge and medical hub), Growing District (industrial and logistics hub), and the Green District (tourism and entertainment). G4 City will be given the status of a special economic zone with an international airport and operate direct flights to Singapore.
G4 City is expected to become a new economic hub in Central Asia and speed up foreign investment into Kazakhstan. By 2050, 2.2 million people will live in the city, and over a million jobs will be available. Main engineering networks have been installed in the Gate District. The construction of the Koyankus residential area is underway, with plans for at least 300,000 sqm of housing within 3.5 years according to a report from the Prime Minister’s Office in Kazakhstan.
(Above) SJ GCEO Wong Heang Fine (left) and Caspian Group chairman Yuriy Tskhay signed an agreement on further cooperation in the implementation of the G4 City project. (Below) Heang Fine with the SMEC team in Kazakhstan.
SJ has already completed the concept master plan for the project. During the trip, SJ signed another an agreement with Caspian Group to provide development management service to the start-up phase of the project. During this trip, Mr Wong also visited SMEC’s office in Kazakhstan, which serves as the headquarters for SMEC’s operations in the Central Asian Republics & Caucasus Region. He got to speak with SMEC’s locally based team, which has grown from 15 to 140 people, with branch offices located in Tajikistan and Georgia as well.
