President Kassym-Jomart Tokayev, who is on a state visit to Seoul, received Former UN Secretary-General and Chairman of the Global Green Growth Institute (GGGI) Ban Ki-moon. The Head of State noted the importance of the GGGI’s work aimed at supporting developing countries in transitioning to a green economy. For his part, Ban Ki-moon welcomed Kazakhstan’s achievements in sustainable development and expressed his readiness to further cooperate within the global climate agenda. The interlocutors also exchanged views on UN reform.
President Tokayev also held talks with Kim Dong-won, Vice Chairman of Hanwha Group. The talks focused primarily on investment and technological cooperation. During the meeting, the Head of State spoke about the formation of Kazakhstan’s national AI ecosystem and the development of digital infrastructure. He invited Hanwha Group to pursue joint projects in Kazakhstan, using the country as a technological platform for expanding into Central Asian markets. Kim Dong-won, in turn, noted that the corporation has been cooperating with Kazakhstan since 1997 and aims to further expand its partnership with the country.
The President also discussed Lotte Group’s new investment projects with its Chairman, Shin Dong-bin. The company is set to implement projects in the food industry, logistics, and hospitality. The Head of State welcomed the signing of an agreement to build the first Lotte-branded hotel in Almaty. Moreover, the company plans to participate in projects to develop Alatau City, including the creation of the Iconic Complex.
The Head of State also received Sung Kim, President and Head of the Strategic Planning Division at Hyundai Motor Group. The Korean side also included representatives of Hyundai Engineering and Kia. President Tokayev highlighted the objective of transforming Kazakhstan into a major regional hub for the production and export of vehicles. An important area of partnership could be the establishment of full-cycle manufacturing plants and the launch of electric vehicle production. Following the meeting, the parties exchanged agreements on the construction of a gas processing plant in Western Kazakhstan and the production of a new Hyundai Tucson model.
President Tokayev discussed Alatau City development with KIND President and CEO Kim Bok-hwan. The Head of State invited the Korean side to take part in infrastructure and investment projects for the new city. The discussions covered the establishment of a joint investment fund, as well as the development of the ports of Aktau and Kuryk and regional airports. Following the meeting, the parties exchanged three documents, including an agreement on KIND’s participation in developing the master plan for the Alatau Smart City project.
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