First Carrefour to be opened soon in Almaty

Almaty city administration is working hard to attract foreign investments to the city’s economy
First Carrefour to be opened soon in Almaty
08 February 13:09 2016 Print This Article

French chain of supermarkets Carrefour is planing to enter the Kazakh market early this year, reports Kazpravda.kz with reference to the Almaty akimat (city administration) press service.

Carrefour is a French retail chain, the second biggest chain after the American Wal-Mart Stores. Founded in 1963, the company owns hypermarkets, supermarkets, discounters, convenience stores and wholesale shops around the world.

Almaty akimat is actively working on attracting major global brands. In December 2015, first Starbucks coffee was opened in Almaty. “Carrefour retailer plans to open its first store in Almaty during the first quarter of 2016,” the Almaty’s city administration refers in its press release, according to Kazpravda.kz.

Earlier, Forbs.kz reported that the first Carrefour grocery shop will be opened in the new shopping center of Grand Park Almaty with reference to the commercial director of Majid Al Futtaym Hypermarkets Kazakhstan (Carrefour) Stefan Bonon. It will occupy up to 8 thousand sq. m.

Astanatimes reports that Carrefour is not the only multinational retailer, which is looking forward to enter the Kazakh market. Another French largest chain Leroy Merlin intends to open units in Almaty and the Almaty region by the end of the year.

New projects are part of the larger plan to attract investments in the Kazakh capital that has been signed by Almaty Akim (Mayor) Bauyrzhan Baibek in Jan. 22, refers Astanatimes. As part of the plan, the city administration will create a council, which will be a sort of dialogue platform between the state and investors, formed of major Kazakh and foreign investors, international consulting companies, financial organization etc.

Anastasiia Kochkurova

Print this entry

  Categories:
view more articles

About Article Author

Anastasia
Anastasia

View More Articles