Negative temperature curing is a very harmful factor for geopolymer mortar or concrete, which will decrease the strength and durability. The water in the geopolymer mixture may be frozen into ice, and the water content is a crucial factor. The purpose of this paper is to explore the influence of water content on the properties of alkali-activated binders mortar cured at −5 • C. Fly ash (FA) and ground granulated blast furnace slag (GGBFS) were used as binders. Three groups of experiments with different water content were carried out. The prepared samples were investigated through uniaxial compression strength test, Scanning electron microscopy (SEM), and X-ray diffraction (XRD) for the determination of their compressive strength, microstructural features, phase, and composition. The results indicated that, the compressive strength of samples basically maintained 25.78 MPa at an age of 28 days; for 90 days, the values reached 33.4 MPa-34.04 MPa. The results showed that lower water content is beneficial to improving the early strength of mortar at −5 • C curing condition, while it has little impact on long-term strength. These results may provide references for the design and construction of geopolymer concrete in cold regions.However, most previous studies about the alkali-activated fly ash/GGBFS mortar and concrete were carried out by curing samples at elevated temperature or in ambient curing condition [13]. Many researchers believed that addition of GGBFS can significantly improve early and later age mechanical strength of fly ash based geopolymer concrete cured at room temperature [14,15]. Up to now, the research on the physical and mechanical properties of geopolymer concrete curing at negative temperature has not been reported.With the social development, cleaner and energy-saving building materials are needed in cold and polar regions of the world. For example, Figure 1 shows the mean annual air temperature distribution of China in 2015 [16], and the temperature in most areas is lower than 0 • C, however, many infrastructures were built in these areas, such as Qinghai-Tibet railway, Sichuan-Lasa Expressway, and Harbin Dalian high speed railway. These projects only have a very short construction period of positive temperature (above 0 • C) every year, which will extend the entire construction period and increase the cost. If the in-situ casting geopolymer concrete with better performance can be obtained under the condition of negative temperature curing, the construction period will be shortened and the cost will be saved. Materials 2019, 12, x FOR PEER REVIEW 2 of 16building materials, fire-retardant coatings, fiber-reinforced composite materials, and fixed solutions for chemical and nuclear industrial wastes. However, most previous studies about the alkali-activated fly ash/GGBFS mortar and concrete were carried out by curing samples at elevated temperature or in ambient curing condition [13]. Many researchers believed that addition of GGBFS can significantly improve early and later age mechanical strengt...