Memorandum of understanding and cooperation between akimat of Nur-Sultan city and the company "Ellington Group KAZ" Ltd. was signed

In order to implement the investment project "Creation of a multifunctional tourist area in Nur-Sultan", a Memorandum of understanding and cooperation between the akimat of Nur-Sultan and the company "Ellington Group KAZ" Ltd. was signed.

Chairman of the Board of Astana Invest Baltaev E. T. took part in the signing ceremony of the Memorandum of understanding and cooperation between the akimat of Nur-Sultan and the company "Ellington Group KAZ" Ltd. in order to implement the investment project "Creation of a multifunctional tourist area in Nur-Sultan".

The signing took place with the participation of akim of the capital Kulginov A. S. and Chairman of the Board of Directors of the company "Ellington Properties Development LLS" Joseph Thomas. The cost of the project is about 1 billion US dollars. The project implementation period is from 2020 to 2027. In order to implement the project, a subsidiary company of "Ellington Group KAZ" Ltd was established on the territory of the IFCA.

The company "Ellington Properties Development LLS" was founded in 2014 and is one of the leading companies in the field of real estate in Dubai (UAE), has extensive experience in the implementation of such projects.