Kazakhstan's Development Bank to finance new Meliora hotel in Almaty with 17 billion tenge

The Development Bank of Kazakhstan will provide 17 billion tenge to Meliora Estate for the construction of the Meliora by Vignette Collection hotel complex in Almaty. The bank will finance approximately two-thirds of the project's total cost, with the remaining amount to be provided by the owner, Murat Kasanov.

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