South Korea’s Lotte Group is set to build Almaty’s first hotel under the Lotte brand and take part in the development of Alatau City. The company will also continue operating in Kazakhstan’s food and logistics sectors. President Kassym-Jomart Tokayev and Lotte Group Chairman Shin Dong-bin discussed the projects, the Akorda press service reported.
Tokayev said that Lotte remains one of Kazakhstan’s long-standing partners and contributes to the development of economic cooperation between the two countries.
The president also highlighted the company’s work in the food industry. Lotte is developing the Rakhat confectionery brand and modernizing production...