Kazakh President approves draft sketch of World Trade Centre in Astana

The construction project will cost approximately $200 million, an investor who will cover all construction expenses.
Kazakh President approves draft sketch of World Trade Centre in Astana
30 January 12:43 2019 Print This Article

President Nursultan Nazarbayev approved the draft sketch of the proposed World Trade Centre building in Astana at a Jan. 24 meeting with representatives of the World Trade Centre Association (WTCA) and Nest Investments Holding.

The President agreed with Group Finance Director of Nest Investments Holdings (Cyprus) Mehran Eftekhar and WTCA Deputy Chair Rolf Draak to include Astana among the globally integrated WTCA cities and discussed some of the details of building a new WTC in the Kazakh capital. Astana aims to draw more foreign direct investment (FDI), international corporations and financial institutions to Kazakhstan through the Astana WTC.

The construction project will cost approximately $200 million.

The building will be erected on two hectares of land in the EXPO 2017 campus and will stand 150 metres high.  The infrastructure left after the EXPO 2017 exhibition is now being occupied by the Astana International Financial Centre (AIFC), the International Centre for Green Technologies and the International Technopark of IT Start-ups. The Kazakh government also plans to build an international  university in the area.

Construction works are expected to begin near the end of the year.

Print this entry

  Categories:
view more articles

About Article Author