Message
Courtyard by Marriott Kostanay Hotel
Value
PROJECT ID
2004202601
SECTOR
Tourism & Hospitality, Real Estate & Urban Development
PROJECT PHASE
Procurement & Construction
LOCATION
110000 Kostanay, Kazakhstan
START DATE
10/28/2025
END DATE
9/1/2027
INVESTMENT VALUE
$ 20 M
Active
Verified
Updated: 2 Days ago
Publication: May 8, 2026
Project Description
This project involves the construction of a four-star international hotel under the Courtyard by Marriott brand on the banks of the Tobol River in Kostanay Region, Kazakhstan. The development is positioned as a high-end hospitality facility aimed at serving business travelers, in... Read more
Involved Companies & Contacts
Involved Companies & Contacts
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PARTY 1 - Involved Companies & Contacts
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PARTY 2 - Involved Companies & Contacts
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PARTY 3 - Involved Companies & Contacts
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Other important details
Ivan Kiseev - Marriott International, Development Director Russia&CIS - ivan.kiseev@marriott.com
Engineering infrastructure (water supply and sewerage) is partially financed from the state budget (~274 million KZT)
The site is located in a potential flood-prone zone, requiring specialized engineering solutions
Implemented through an investment agreement mechanism with government authorities
The project is focused on business tourism and event hosting
Includes the installation of utility networks across the river (subaqueous crossing / siphon pipeline)
Sources
Publication Date
4/20/2026