Almaty has finalized the results of an electronic tender to transfer the Wedding Palace building on Abai Avenue in the Almaly district to trust management for a 10-year term, the website infohub.kz reports.
According to the electronic trading platform sauda.e-qazyna.kz, the tender took place and the results protocol has already been signed. That is the status wording shown on the tender page.
It was previously reported that the Almaty akimat's State Assets Management Department had put the Wedding Palace building, along with a fountain next to it, up for electronic tender. It was specified that this was a tender to transfer the facility to trust management without the right of subsequent buyout. The trust management term is 10 years, and the guarantee deposit is 1,950,472 tenge.
Under the tender terms, the winner is required to use the facility strictly for its designated purpose — hosting formal wedding ceremonies. In addition, the winner must invest at least 2 billion tenge in the facility and commission it within 24 months of signing the contract.
Recall that in February it was reported that renovation work was underway in the building and was planned to be completed in 2026. The Almaty State Assets Management Department noted that the building's existing architectural appearance would be preserved.
"Scientific and project documentation has been obtained for carrying out scientific restoration work in accordance with the Rules and Conditions for Conducting Scientific Restoration Work on Historical and Cultural Monuments, approved by order of the Minister of Culture and Sports," the department stated.
In September, the akimat reported that the renovation had been suspended due to the termination of the contract with the company with which a trust management agreement had previously been concluded.