Kazakhstan signs SAF production memorandum for Alatau city
This digest was compiled by AI from multiple sources — links to the originals are below.
Kazakhstan's government signed a memorandum with Hong Kong's Full Vision Capital to create a sustainable aviation fuel (SAF) production ecosystem in Alatau city. The agreement was signed by Alatau City Authority, the ministries of energy, agriculture and transport, and Full Vision Capital. Prime Minister Olzhas Bektenov instructed state bodies to support pilot projects.
Key Facts
- The memorandum was signed by Alatau City Authority, the ministries of energy, agriculture and transport of Kazakhstan, and Full Vision Capital.
- The project, named Green Kazakhstan, envisages a full production chain from agricultural raw materials to sustainable aviation fuel.
- The parties will also explore nickel-hydrogen energy storage systems and smart energy solutions to improve power supply reliability and renewable integration.
- Prime Minister Olzhas Bektenov instructed relevant state bodies and Alatau City Authority to support the implementation of pilot projects.
Memorandum Signing
The memorandum was signed during a meeting between Prime Minister Olzhas Bektenov and Dr. Peter Lee, founder of Hong Kong-based investment company Full Vision Capital. Bektenov noted that the new constitutional law on the special legal regime of Alatau city creates favorable conditions for investors. The document was signed by Alatau City Authority, the ministries of energy, agriculture and transport of Kazakhstan, and Full Vision Capital.
Project Scope
The Green Kazakhstan project envisages a full production chain from growing agricultural raw materials to producing sustainable aviation fuel. The parties will also study the introduction of smart energy solutions and nickel-hydrogen energy storage systems to improve power supply reliability and integration of renewable energy sources. Dr. Peter Lee stated that the company expects to contribute to the development of Alatau city and the introduction of modern technologies.
Government Support
Following the meeting, Prime Minister Bektenov instructed relevant state bodies and Alatau City Authority to support the implementation of pilot projects. Full Vision Capital is a Hong Kong investment and incubation company engaged in green economy, smart energy, and environmental technology projects. President Kassym-Jomart Tokayev previously emphasized that Kazakhstan, as a leading oil and gas country in the region, must create a powerful infrastructure to supply aviation fuel.
1 source
Kazakhstan signs SAF production memorandum for Alatau city
