KMID/Rixos/SK – Kenderli Resort Development – Mangghystau - Project Profile
"KMID/Rixos/SK – Kenderli Resort Development – Mangghystau - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "KMID/Rixos/SK – Kenderli Resort Development – Mangghystau - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
The Ministry of the Tourism Industry of Kazakhstan (MTIK), Rixos Hotel Group (Rixos) and JSC National Welfare Fund Samruk-Kazyna (SK) are planning to develop the Kenderli Resort in Kenderli bay, Mangystau, Kazakhstan.
The project involves the construction of 20 hotels, cottages, villas, an aqua park, shopping centers, entertainment facilities, theaters, access roads, water and power supply systems and the installation of power-related facilities.
The project will be developed in several phases.
In August 2014, MTIK and SK signed a cooperation agreement with Rixos to implement the first phase of the project. As part of the first phase of the project, it is planned to build two hotels, water park and cottages.
In May 2016, A German consortium consisting of Analoga GmbH and CESA Invest are studying the investment climate and legislation of Kazakhstan to invest up to US$557 million in the first phase of the project.
Negotiations are underway with the German investor Chiron GmbH to implement the project.
The project involves the construction of the Kenderli Resort in Kenderli bay, Mangystau, Kazakhstan.
The US$3,300 million project includes the following:
1. Construction of 20 hotels
2. Construction of cottages
3. Construction of villas
4. Construction of an aqua park
5. Construction of shopping centers
6. Construction of entertainment facilities
7. Construction of theaters
8. Construction of related facilities
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