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Radisson Turkistan Hotel – Almaty
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PROJECT ID
172025170
SECTOR
Tourism & Hospitality, Real Estate & Urban Development
PROJECT PHASE
Procurement & Construction
LOCATION
Medeu District, Makatayev Street, Almaty, Kazakhstan
START DATE
8/1/2025
INVESTMENT VALUE
$ 22 M
Active
Verified
Updated: 2 Days ago
Publication: May 8, 2026
Project Description
The Development Bank of Kazakhstan JSC and Upstate LLP have signed a financing agreement and launched the implementation of an investment project for the construction of the four-star Radisson Turkistan Hotel in Almaty. The total project cost is KZT 11.93 billion, of which DBK wi... Read more
Involved Companies & Contacts
Involved Companies & Contacts
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Other important details
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The plant will prevent the flaring of over 600,000 cubic meters of ferroalloy gas annually.
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It is part of ERG’s broader push toward environmental modernization, including wind power development in Khromtau.
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The EPD initiative will help enhance the international marketability and environmental credentials of Kazakh chrome.
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The power plant will use Best Available Techniques (BAT) in line with environmental standards.