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 will finance KZT 7 billion, or 70% of the total. Construction works are underway in Medeu district on Makatayev Street. In line with the project plan, the hotel with a capacity of 156 rooms will provide high-quality services and comfort in accordance with the international standards of the Radisson brand, one of the world’s leaders in the hospitality industry. The major... Read more