Development of "G4 City" and Trans-Caspian Corridor: What Kazakhstan and Singapore Agreed on at the Forum in Astana
Within the framework of the Kazakhstan-Singapore Business Forum with the participation of the President of the Republic of Singapore, Halimah Yacob, and the Prime Minister of the Republic of Kazakhstan, Alikhan Smailov, 12 documents were signed for a total amount of $275 million. The event was organized by the Ministry of Foreign Affairs of Kazakhstan, JSC "National Company "KAZAKH INVEST," and the "Singapore Business Federation."
In particular, a memorandum on the development of the special economic zone "G4 City" was signed by the Akimat (local government) of Almaty region, the company "Khan Tengri Development Ltd.," and "Surbana Jurong Pte. Ltd." This includes the development of the coastline of the Kapchagay Reservoir, wastewater treatment, and waste recycling with the production of electricity.
The "Trans-Caspian International Transport Route International Association" and "Global DTC" (a member of the PSA Group) have agreed on the development of transportation, infrastructure, and the logistics potential of the member states along the international route.
The company "Indorama Corporation Pte" and the Akimat of Zhambyl region have reached an agreement on the development of phosphate deposits and the construction of a plant for the production of phosphate fertilizers.
Full list of signed documents:
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Memorandum of Understanding between the Akimat of Almaty region, "Khan Tengri Development Ltd.," and "Surbana Jurong Pte. Ltd." Cooperation for the development of the G4 City special economic zone.
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Agreement on cooperation between JSC "National Company "Kazakhstan Temir Zholy" and "PSA International."
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Agreement on cooperation between JSC "National Company "Kazakhstan Temir Zholy" (KTZ) and "PSA International."
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Memorandum of Cooperation between the Akimat of Zhambyl region and "Indorama Corporation Pte." Implementation of a project for the development of phosphate deposits and the construction of a plant for the production of phosphate fertilizers in Zhambyl region.
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Memorandum of Understanding between the "Trans-Caspian International Transport Route International Association" and "Global DTC" (a member of the PSA Group). Development of cooperation between the parties through the inclusion of Global DTC Pte Ltd - a member of the PSA Group, as a member of the "Trans-Caspian International Transport Route International Association" to promote long-term development of transportation, infrastructure, and logistics potential of the member states of the Trans-Caspian International Transport Route.
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Key terms of participation of JSC "Qazaqstan Investment Corporation" in the TVM Healthcare SEA Fund with TVM Capital Healthcare. Development of cooperation and participation of QIC in the TVM Healthcare SEA Fund L.P.
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Memorandum of Understanding between "Biryuk Altyn" LLP and "RHT ALDIGI FINANCIAL HOLDINGS PTE. LTD." Investment in a gold mining project in Karaganda region.
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Memorandum of Cooperation between the Akimat of Almaty region and "Singapore Cooperation Enterprise." Development of partnership in implementing various programs based on Singaporean experience, as well as the development of projects in the tourism and digitalization sectors.
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Memorandum of Understanding between the Chamber of International Commerce of Kazakhstan and the "Singapore Business Federation." Development of bilateral trade and economic cooperation.
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Agreement on cooperation between JSC "Astana International Financial Centre Administration" and the Kazakhstan-Singapore Business Council. Development of bilateral cooperation in attracting Singaporean companies to the AIFC platform and implementing projects.
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Memorandum of Cooperation between JSC "Astana International Financial Centre Administration" and "Enterprise Singapore." Development of bilateral cooperation in attracting Singaporean companies and registration at the AIFC.
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Memorandum of Understanding between JSC "Trade Policy Development Center "QazTrade" and Enterprise Singapore. Development of bilateral cooperation in the field of logistics, food supply, and infrastructure.