Lotte Group to invest in Kazakhstan food, logistics, and hotel sectors

September 15, 2026 at 10:32 AM1 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Lotte Group Chairman Dong Bin Shin met with President Kassym-Jomart Tokayev in Astana on September 15, 2026, to confirm investment plans in Kazakhstan's food industry, logistics, and hotel business. The meeting concluded with an exchange of memoranda between Hotel Lotte Co. Ltd and Sensata Invest for the construction of Lotte hotels in Almaty and Alatau City. The first Lotte-branded hotel in Kazakhstan is planned for Almaty.

Key Facts

Hotel Lotte Co. Ltd and Sensata Invest exchanged memoranda of understanding for the construction of Lotte hotels in Almaty and Alatau City.
The first Lotte-branded hotel in Kazakhstan is planned for Almaty.
Lotte Group confirmed plans to invest in Kazakhstan's food industry, logistics services, and hotel business.
Lotte Global Logistics plans to develop transport and logistics infrastructure with subsequent access to regional and international markets.
Lotte Group intends to participate in the development of Alatau City, including the creation of the Iconic Complex.

Hotel Construction Plans

Hotel Lotte Co. Ltd and Sensata Invest exchanged memoranda of understanding for the construction of Lotte hotels in Almaty and Alatau City. The first Lotte-branded hotel in Kazakhstan is planned for Almaty. President Tokayev welcomed the signing of the agreement for the first Lotte hotel in Almaty and noted the prospects for further expansion of the company's presence in Kazakhstan. Specific construction timelines and investment volumes were not disclosed.

Investment Sectors

Lotte Group Chairman Dong Bin Shin confirmed plans to invest in Kazakhstan's food industry, logistics services, and hotel business. President Tokayev highlighted Lotte's successful development of the Rakhat confectionery brand and modernization of production facilities in Almaty and Shymkent. Lotte Global Logistics plans to develop transport and logistics infrastructure with subsequent access to regional and international markets. Lotte Group intends to participate in the development of Alatau City, including the creation of the Iconic Complex.