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Almaty Mountain Cluster Development

Project ID:

292025126

Project Name:

Almaty Mountain Cluster Development

Project Sector:

Tourism & Hospitality

Photo source:

primeminister.kz

image.png

Project Description

The Almaty Mountain Cluster (AMC) is an ambitious initiative by the Government of Kazakhstan to transform the Almaty region into Central Asia's premier year-round mountain tourism destination. The project includes the development and integration of several ski resorts, including Shymbulak, Oy-Karagai and Ak-Bulak, through the construction of new cable cars and infrastructure improvements. There are prospects for the development of 300 to 700 km of ski slopes with world-class infrastructure and accessibility for the population. Only in the central zone it is planned to increase the number of elevators from 16 to 58. It is expected to increase the throughput capacity by 5.6 times, from 6 to 34 thousand people per day, and the creation of more than 10 thousand new jobs and will contribute significantly to the diversification of Kazakhstan's economy and its global tourist attractiveness.

Project Phase:

Initiation & Feasibility

Investment Value:

1 450 000 000 $

Location:

Almaty, Kazakhstan

Start Date:

1/1/2025

End Date:

1/1/2029

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Other important details

The state assumes responsibility for quality assurance and control during construction, including of an environmental nature. Special attention is paid to the inclusiveness of infrastructure. Today, the travel and tourism sector contributes more than 10% to the global GDP, which is more than 11 trillion US dollars. It provides jobs for more than 300 million people, which is one in four new jobs

Experts estimate that $1 invested in mountain infrastructure attracts $2 of private investment in resort infrastructure. This is a huge opportunity for our economy to diversify. This project will completely change the economic landscape not only of Almaty city and Almaty region, but also of the whole country

Publication/Revision Date:

6/27/2025

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