14 October 2026
Mayor of Almaty Darkhan Satyrbaldy Discusses Almaty Downtown Development with Vietnamese Investors
Almaty Mayor Darkhan Satyrbaldy meets with ROX Living Global to discuss the development of Almaty Downtown, focusing on a multifunctional complex.

Almaty Mayor Darkhan Satyrbaldy held a meeting with representatives of ROX Living Global, the developer arm of the major Vietnamese investment group ROX Group. The main topic of discussion was the company's involvement in developing the new Almaty Downtown business district.
During the meeting, a delegation led by ROX Living Global's CEO, Tran Thi My Loc, presented proposals for constructing a multifunctional complex featuring both residential and commercial real estate.
The proposed concept includes residential blocks, office spaces, retail areas, educational and medical facilities, sports infrastructure, and public spaces. Special attention is given to landscaping, pedestrian zones, and the beautification of the area.
Darkhan Satyrbaldy highlighted that Almaty is moving towards a polycentric development model, which will see the creation of new centers for business activity. Almaty Downtown will be one of them.
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"We support your initiative to build a multifunctional complex. The city administration will provide comprehensive assistance to the project. We look forward to moving to practical implementation soon," said the Mayor of Almaty.
ROX Group, which operates in real estate, finance, energy, and the hospitality sector, was founded in 1996. The group's investment portfolio includes over 100 projects in 12 countries. One of the company's largest projects in Central Asia is underway in Bishkek.
Reported by Housing24, citing the website of the Almaty City Akimat.
Photo: gov.kz