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In IT, Innovation and Startups

Kenges Rakishev to expand the third-largest Russian logistic center

25th August 2019 Matthew Weller

Kenges Rakishev to expand the third-largest Russian logistic center Pin It
Kenges Rakishev

Kenges Rakishev, the former owner of Petropavlovsk gold mining enterprise, has shared his plans to further expand the third biggest logistic operator in Russia. The goal set is 750,000 square meters of commercial real estate.

BTA Bank, which is controlled by Kenges Rakishev, owns 500,000 square meters of stores in «Kolpino», «Pyshma» and «Tolmachevo» logistic parks. Rakishev confirms that the parks are already building new storage units. The plan is to rise the available space 50 percent. The final goal of this expansion is 750,000 sq.m.

«After the necessary formal transition of the ownership of three logistic parks, Kolpino in Saint Petersburg, Tolmachevo in Novosibirsk and Pyshma in Yekaterinburg, we plan to expand the facilities up to the size of 750 thousands of square meters. We plan not only to develop the infrastructure but to rise the quality of service and increase our customer reach.» — told BTA bank owner, Kenges Rakishev.

BTA Bank plan is to become the third-largest storage facilities owner in Russia. Therefore the existing complexes will be expanded and developed. As for now nearly 100 percent of storage facilities owned by BTA are occupied, Kenges Rakishev stated. Major retail chains are the main customers.

Logistic parks market is booming as a result of the internet sales. Customers need fast delivery and effective storage technology. Logistic parks are first class business, Kenges Rakishev points out.

Kenes Rakishev
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