Kazakhstan Celebrates 1000th Anniversary Of Almaty

Kazakhstan Celebrates 1000th Anniversary Of AlmatyKazWorld.info – Kazakhstan’s President Nursultan Nazarbayev has congratulated Kazakhstanis on 1000th anniversary of Almaty, the biggest city of Kazakhstan and former capital, during the gala concert on September 18.

“Nazarbayev has congratulated all Kazakhstanis on the millennium of the beloved, beautiful and special city, wishing good health, prosperity and success,” the Akorda press office said in a statement.

In his remarks, Nazarbayev noted that this date is included in the UNESCO calendar of commemorative and anniversary dates of humanity.

“In 1929, the city took over the role of the capital of Kazakhstan, and since then it has grown to million-plus metropolitan city. Almaty is honored to be the first capital of independent Kazakhstan. Therefore, it is symbolic that the 1000th anniversary of the city is celebrated on the 25th year of the Independence of our country. Here we adopted our Constitution in 1995. In this city were signed the Constitutional Law “on the Independence of the Republic of Kazakhstan.” In Almaty we established the Assembly of Peoples of Kazakhstan. Here we made a historic decision on the new capital – Astana,” Nazarbayev said.

“Almaty today is a reflection of steady and sustainable development of the entire Kazakhstan. Only for the past 5 years, the city area has increased twice. The population of Almaty is 1.7 million. Almaty subway has transported more than 30 million passengers. In 2017, within the framework of the state program “Nurly Zhol” we’ll start construction of Almaty big beltway, which will be a part of the international highway “Western Europe – Western China,” added Nazarbayev.

About Almaty
Almaty continues as the major commercial and cultural centre of oil-rich Kazakhstan, as well as its biggest population center. The city is in the mountainous area of southern Kazakhstan in the foothills of the Trans-Ili Alatau at an elevation of 2,300–3,000 feet (700–900 m), where the Bolshaya and Malaya Almaatinka rivers run into the plain.

Economy
Almaty generates approximately 20 per cent of Kazakhstan’s GDP (or $36 billion in 2010). The nation is the most powerful economically in Central Asia and Almaty is a key financial center. It is considered to be a Beta- Global City as of the 2012 GaWC study.

One of the largest industries in Almaty is finance, and its financial exports make it a large contributor to Kazakhstan’s balance of payments. Almaty is home to BTA Bank, which is the largest bank in Central Asia, Kazkommertsbank, and other major banks. The Kazakhstan Stock Exchange is based in Almaty.

Almaty is also developing as a regional financial and business centre (RFCA).
Under construction is the ‘Almaty Financial District and Esentai Park’. This was designed by T.J. Gottesdiener, who designed both 7 World Trade Center in New York City and Time Warner Center in Tokyo Midtown, respectively. Its goal is to become the largest business centre in Central Asia. Esentai Tower, a 37-floor building in the park, is the tallest mixed-use building in Kazakhstan, housing offices of companies such as Ernst & Young, HSBC and Credit Suisse. The first Ritz-Carlton Hotel in Kazakhstan opened in 2013 in Esentai Tower.

Along with professional services, media companies are concentrated in Almaty. The media distribution industry has been growing rapidly since 2006. Major broadcasting channels KTK and NTK are based in Almaty, as are several national newspapers.

There are plans to construct a Western Europe-Western China highway, passing through Almaty. A new airport in Almaty expects to handle about 45 million tonnes of cargo each year. Air Astana is headquartered in the Air Astana Centre 1 in Almaty. Prior to their dissolution, Air Kazakhstan and Kazakhstan Airlines were also headquartered in Almaty.

The economy of Almaty city and Almaty Region continues to grow, and is expected to increase at nearly 6 percent per year until 2020. The city generates approximately 20 percent of the national GDP. To mitigate the rapidly increasing electricity demand caused by this growth, the Kazakh authorities decided to upgrade the power system by building the new transmission line and modernizing the substations. The Alma Transmission Project, supported by the World Bank, has helped achieve this goal.

Share