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// Workers AI · dad joke modeWho's Yuriy Tskhay? A tsk-hay of a guy.

From Wikipedia, the free encyclopedia

Yuriy Tskhay
Юрий Цхай
Tskhay in 2024
Member of the Senate of Kazakhstan
In office
2007–2013
Personal details
Born (1948-10-14) October 14, 1948 (age 77)
Kazakh SSR, Soviet Union
Occupation
  • Businessman
  • politician
  • boxing coach
Awards

Yuriy Andreyevich Tskhay (Russian: Юрий Андреевич Цхай; also spelled Yuri Tskhay, Yuri Tskhai, Yuri Chae; born 14 October 1948) is a Kazakh businessman,[1] politician,[2] and former boxing coach.[3] He is a former member of the Senate of the Parliament of the Republic of Kazakhstan (4th[4] and 5th[5] convocations) and former boxing coach of the USSR, Kazakhstan and South Korea.[6]

In 2014, Tskhay was included in Forbes list of the 50 most influential businessmen in Kazakhstan.[7]

Member of the Alatau City Development Council.[8]

Biography

[edit]

Yuriy Tskhay was born into a family of ethnic Koreans. His parents were collective farm workers.

Coaching career

[edit]

He began boxing in his youth and started his coaching career in 1968 at a youth sports school in the town of Chu, Jambyl Region.[9]

1973-1980 - Boxing coach in Zhambyl.

1980-1990 - Coach of the Kazakh SSR national boxing team.[9]

1981-1990 - Assistant coach of the USSR national boxing team.[9]

1990-1992 - Head coach of the South Korean Olympic boxing team.[6][10][11]

During his coaching career, he trained athletes who later became Olympic medalists and world championship winners.[12][13]

Notable trainees include

[edit]

Serik Konakbayev[14][15] - Honored Master of Sports, Olympic silver medalist (Moscow), World Championship silver medalist, two-time European Champion, two-time World Cup winner.

Boxing coach Yuriy Tskhay with his trainee Serik Konakbayev

Karimzhan Abdrakhmanov[13] - International Master of Sports, European Championship bronze medalist, Goodwill Games silver medalist.

Bolat Zhapenov[16] - Finalist at the USSR Peoples’ Spartakiad, USSR Cup winner.

Business career

[edit]

In the 1990s he founded the Dostar company, which developed business, education and entertainment facilities in Almaty.[17]

2001-2012 - Co-founded Global Pharm, a pharmaceutical plant in partnership with South Korea's Han Seo Pharm. In 2012, Turkey's Abdi İbrahim İlaç Sanayi ve Ticaret A.Ş. acquired a stake in the company,[18][19][20] which was subsequently renamed Abdi Ibrahim Global Pharm.[21]

2001-2006 - Shareholder and chairman of the board, Caspian Bank[22][23][24] (later renamed Kaspi Bank following a stake purchase by Baring Vostok Capital Partners).

2002-2005 - Shareholder, KUAT Corporation.[25]

2004 - Founded Caspian Group JSC, and since 2014, has served as chairman of the Board.[26][27][28][11]

2006 - Co-founded Seven Rivers Capital with South Korea's Hanwha Securities;[29][30] sold in 2013 and rebranded as Freedom Finance.[31]

2007 - Founded the Alcas concrete mix plant in Almaty Region.[7]

2007 - Founded Affordable Housing JSC to develop low-rise residential and social facilities in Astana.[17]

2008 - Opened a national boxing training center in Almaty Region to prepare the Kazakh national team for the 2008 Beijing Olympics.[17]

2013 - Founded Evraz Caspian Steel, a rebar production plant in Kostanay.[32][17][33][34]

2014-2021 - Member of the Board of Directors, Allur Group.[35][7]

2014-2023 - Shareholder, Allur Group.[36] In 2019, his stake was acquired by China National Machinery Industry Corporation (Sinomach).[37][38]

Political Activities

[edit]

2007-2013 - Member of the Senate of the Parliament of the Republic of Kazakhstan (4th[4][39] and 5th[5] convocations), Member of the Finance and Budget Committee,[40] Advisor to the Prime Minister of Kazakhstan on sports.[9]

Public Activities

[edit]

1995-2007, 2025 - President of the Republican Public Association “Association of Koreans of Kazakhstan” (AKK).[25][41]

2007–present - chairman of the Board of Trustees of the Association of Koreans of Kazakhstan.[42]

Alatau Development Project

[edit]

In 2007, Tskhay proposed the creation of four satellite cities (G4 City) between Almaty and Kapshagay (now Konaev).[6][43] Preparatory work began that year,[44] but the 2008 global crisis and changes to the concept delayed progress. In September 2021, a new G4 City master plan was presented to the President and Government of Kazakhstan, developed by Singapore's Surbana Jurong, giving the project new momentum.[6][45][46]

In 2024, the project was officially renamed Alatau City, located in the village of Zhetygen, and granted city status.[47][48][49][50][51]

Deputy Prime Minister of Kazakhstan Kanat Bozumbayev and Yuriy Tskhay at the K-Park construction site, September 28, 2025

On 12 September 2025, the first stone was laid for K-Park, a cultural and business center initiated by the Association of Koreans in Kazakhstan.[52][53][54][55][2]

On September 26, 2025, the President of Kazakhstan, Kassym-Jomart Tokayev, signed the Decree "On Certain Issues Related to the Development of Alatau City", granting Alatau City a special accelerated development status and establishing the Alatau City Development Council. Yuriy Tskhay was appointed as a member of the Council.[8]

Honors and Titles

[edit]
  • Master of Sports[56]
  • Honored Coach of the USSR[57][58]
  • Honored Coach of the Kazakh SSR[59]

Awards

[edit]

For his outstanding contributions to sports, the economy, and interethnic harmony in Kazakhstan, Yuriy Tskhay has been awarded:

Orders (Kazakhstan)

[edit]

Awards from the Republic of Korea

[edit]
  • Order of Magnolia[17][16]
  • Medal for Contribution to Korea's Economic Development[17]

He is also the recipient of several state medals of the Republic of Kazakhstan.

References

[edit]
  1. ↑ "Kazakhstan: Fledgling Auto Industry Wants to Give Russia a Run for Its Money". Eurasianet.
  2. 1 2 Cho (조), Seong-ha (성하) (2025). "비극 딛고 일어난 고려인…카자흐 땅 'K-파크'서 미래 주역으로" [Koryo-Independents Rising from Tragedy… Becoming the Future Leaders at ‘K-Park’ on Kazakh Soil]. Naver News (in Korean). Newsis. Retrieved 29 October 2025.
  3. ↑ "Meeting with two legends, Mr.Yuriy Tskhay and Mr.Serik Konakbayev in Almaty". WBA Asia Boxing.
  4. 1 2 "Deputies of the Senate of the Parliament of the Republic of Kazakhstan of the fourth convocation". Senate of the Parliament of the Republic of Kazakhstan.
  5. 1 2 "Deputies of the Senate of the Parliament of the Republic of Kazakhstan of the fifth convocation". Senate of the Parliament of the Republic of Kazakhstan.
  6. 1 2 3 4 "Kazakhstan's economic emergence amid US-China-Russia power struggle". ThinkChina.
  7. 1 2 3 "Forbes Kazakhstan Рейтинг 50 самых влиятельных бизнесменов РК (октябрь 2014)". Forbes (in Russian).
  8. 1 2 "О некоторых вопросах развития города Алатау". Official website of the President of the Republic of Kazakhstan (in Russian). Akorda. 26 September 2025.
  9. 1 2 3 4 5 6 "14 октября. Календарь Казинформа «Дни рождения»". Международное информационное агентство «Казинформ» (in Russian). 14 October 2023.
  10. ↑ Хан, Валерий Сергеевич (2023). "Историография корейцев Центральной Азии: основные направления и этапы развития". ResearchGate (in Russian). Институт востоковедения РАН. Retrieved 24 September 2025.
  11. 1 2 Park, Jong-gwan (박종관); Im, Hyeong-taek (임형택) (18 May 2025). "카자흐는 기회의 땅…알마티에 韓 스마트시티 기술 심을 것" [Kazakhstan is a land of opportunity… we will plant Korean smart-city technology in Almaty]. Hankyung.com (in Korean). The Korea Economic Daily. Retrieved 29 October 2025.
  12. ↑ "Koreans of Kazakhstan — the "Golden Bridge" of Modern Kazakh-Korean Friendship". The Seoul Times.
  13. 1 2 "Mr. Serik Konakbayev and ASBC wishes Happy Birthday to Vice-President of Kazakhstan Boxing Federation Mr. Yuriy Tskhay". ASBC Asian Boxing Confederation.
  14. ↑ "Именитый тренер по боксу Юрий Цхай поздравил казахстанцев с Олимпийским днем". olympic.kz (in Russian).
  15. ↑ "Наша визитная карточка - знак качества". Общественно-политическая газета “Время” (in Russian).
  16. 1 2 "Цхай Юрий Андреевич – лидер, политик, спортсмен, заслуженный тренер". Библиотека Корё Сарам (in Russian).
  17. 1 2 3 4 5 6 "Цхай Юрий Андреевич (персональная справка)". online.zakon.kz (in Russian).
  18. ↑ "Turkish AIGP invests $30 million in pharmaceutical plant in Kazakhstan". The Astana Times.
  19. ↑ "Turkish Abdi Ibrahim acquired 60% of pharmaceutical companies in Kazakhstan – Media". KazTAG Kazakh Telegraph Agency.
  20. ↑ "Abdi İbrahim Global Pharm". Abdi İbrahim.
  21. ↑ "The Pharmaceutical Industry in Kazakhstan: What's Wrong With It?". Cabar Asia.
  22. ↑ "Ethnic Entrepreneurship of Koreans in the USSR and post Soviet Central Asia" (PDF). Institute of Developing Economies, Japan External Trade Organization.
  23. ↑ "JSC Bank Caspian" (PDF). KASE.
  24. ↑ "WEEK OF STOCK MARKET OF KAZAKHSTAN" (PDF). KASE.
  25. 1 2 "Korean Business Booms in Kazakhstan". The Dong-A Ilbo.
  26. ↑ "About company". Caspian Group.
  27. ↑ "Deputy Prime Minister Yerulan Zhamaubayev Strengthens Economic Ties with Singapore During Working Visit". KAZAKH INVEST.
  28. ↑ "Governor of the Almaty Region and Ambassador visited the central office of the Temasek holding". Embassy of the Republic of Kazakhstan in Singapore, the Commonwealth of Australia and New Zealand.
  29. ↑ "South Korean Hanwha Securities had become the shareholder of Kazakhstan investment company Seven Rivers Capital". Kazakhstan Stock Exchange (KASE).
  30. ↑ Kang (강), Joo-hyun (주현) (15 July 2025). "창립 63주년 한화 투자증권, 글로벌 증권사로 도약 꿈꾸다" [On its 63rd anniversary, Hanwha Investment & Securities dreams of becoming a global brokerage firm]. SISA On (in Korean). SISA On. Retrieved 29 October 2025.
  31. ↑ "History". Seven Rivers Capital Investment Company. 14 June 2023.
  32. ↑ "Этнокультурное объединение корейцев Костанайской области". Коре ильбо (in Russian).
  33. ↑ "EVRAZ Launches Rolling Mill in Kazakhstan". Association for Iron & Steel Technology.
  34. ↑ "Evraz Caspian Steel begins mass production". SteelOrbis.
  35. ↑ "Когда китайский инвестор войдет в AllurGroup". Forbes (in Russian).
  36. ↑ "ArcelorMittal sold assets in Kazakhstan for $286 million". GMK Center. 8 December 2023.
  37. ↑ "Chinese company to buy 51 percent of Kazakh automaker AllurGroup". The Astana Times. 20 April 2017.
  38. ↑ "Chinese company to buy 51 percent of Kazakh automaker AllurGroup" (PDF). The Astana Times.
  39. ↑ "О регистрации депутатов Сената Парламента Республики Казахстан, назначенных Указом Президента Республики Казахстан от 28 августа 2007 года № 396". Центральная избирательная комиссия РК (in Russian).
  40. ↑ "Итоги деятельности Сената Парламента Республики Казахстан четвертого созыва (2 сентября 2007 года – 19 января 2012 года)". Сенат Парламента РК (in Russian).
  41. ↑ "История Ассоциации". Ассоциация корейцев Казахстана (in Russian).
  42. ↑ "Попечительский совет". Ассоциация корейцев Казахстана (in Russian).
  43. ↑ "Город, опережающий своё время: как под Алматы строят Alatau City". Forbes Kazakhstan (in Russian).
  44. ↑ "G4 City project reviewed in Government". El.kz. 6 February 2023.
  45. ↑ "Kazakh President, Singaporean Business Address Alatau City Project Implementation". The Astana Times.
  46. ↑ "Kazakh President, Singaporean Business Discuss Alatau City Project Implementation". The Astana Times.
  47. ↑ "Tokayev signed decree on creation of Alatau city". KazTAG – Kazakh Telegraph Agency.
  48. ↑ "Zhetygen Village in Almaty Region Becomes Alatau City". Qazaqstan Monitor.
  49. ↑ "New City, Alatau, Established in Kazakhstan". The Times of Central Asia. 10 January 2024.
  50. ↑ "Kazakhstan Welcomes New Town – Alatau". The Astana Times.
  51. ↑ "Is China's Shenzhen the blueprint for Kazakhstan's Alatau city?". Kursiv. 24 June 2025.
  52. ↑ "What we know about Kazakhstan's new Alatau City project". Kazinform International News Agency.
  53. ↑ ""I want to promote cultural, tourism, and economic cooperation between Korea and Kazakhstan by creating a K-PARK, a collection of Korean restaurants and shops, in the new smart city."". Maeil Business Newspaper.
  54. ↑ "Alatau City: The Foundation Stone Laid for the K Park Cultural and Business Center". Akimat of Almaty region.
  55. ↑ "The Foundation Stone Laying Ceremony for the K-park Project Took Place in Alatau City". Alatau city. 12 September 2025.
  56. ↑ Kyung-Sik, Lee (11 October 2023). "Shin tapped as first-term chairman to lead Korean Association of Kazakhstan". The Korea Post.
  57. ↑ "Юрий Цхай: «Наши девушки - лучшие»". Olimpic.kz.
  58. ↑ "Юрий Цхай поздравил казахстанцев с Олимпийским днем". Kazakhstan Boxing Federation.
  59. ↑ "Экзамен на зрелость". Общественно-политическая газета «Время» (in Russian).
  60. 1 2 "Федерация бокса РК намерена увеличить свое представительство в управленческих органах AIBА". Kazakhstan Boxing Federation (in Russian).
  61. ↑ "Вручение государственных наград". Официальный сайт Президента Республики Казахстан (in Russian).
  62. ↑ "Герои дня". Республиканская газета "Новое поколение" (in Russian).
  63. ↑ "Юрий Цхай награжден орденом «Барыс» III степени". Газета «Коре ильбо» (in Russian).
  64. ↑ "Деятели спорта удостоились высоких знаков отличия в честь 30-й годовщины Независимости Казахстана". Olimpic.kz (in Russian).
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