Second Phase of Mercury Logistics: EDB to Support Expansion of Largest Warehouse Hub in Almaty Region
Almaty, July 17, 2026. — The Eurasian Development Bank (EDB) and Mercury Properties (the management company of MP Solutions LLP) have signed a Memorandum of Cooperation to implement the second phase of construction of the Mercury Logistics warehouse hub in the village of Kokozek, Almaty Region. The document was signed by Sergey Paseko, Executive Director — Deputy Head of the Project Block at the EDB, and Nurmat Suyerkulov, General Director of MP Solutions LLP.
The Memorandum formalizes the parties' intentions to jointly explore mechanisms for financing and implementing the project.
About the Project
The first phase of the Mercury Logistics hub was commissioned in December 2025. The second phase provides for further infrastructure development: expansion of warehouse and terminal capacity, construction of modern Class "A" warehouse complexes, creation of container yards, and development of associated engineering and transport infrastructure.
The total warehouse area of the Logistics Hub will exceed 160,000 sq. m. Investment in the first phase amounted to 20 billion tenge, with total investment expected to reach 70 billion tenge by 2031.
A key feature of the hub will be the introduction of 3PL/4PL logistics technologies (full-cycle supply chain management) and automated warehouse management systems (WMS).
Quotes
"The development of warehouse infrastructure is one of the EDB's key priorities in its new 2027–2031 strategy. We are systematically building a network of modern logistics centers across Eurasia, and Mercury Logistics will be an important part of this process. The project will meet the growing demand for quality warehousing space, create new jobs and strengthen Kazakhstan's position as a transit hub. Our goal is not just to finance, but to systematically develop the logistics market by offering partners comprehensive solutions — from project financing to equity participation," — said Mikhail Fadeev, Head of the Strategic Projects Directorate at the EDB.
"Mercury Properties is actively investing in the development of Kazakhstan's logistics infrastructure. Cooperation with the EDB is not only financial support, but also an opportunity to become part of the Eurasian Agri-Products Distribution System project. We are confident that Mercury Logistics will become one of the key logistics centers in the region and will be in demand by both Kazakhstani businesses and international partners," — noted Nurmat Suyerkulov, General Director of MP Solutions LLP.
The signing took place as part of the implementation of the EDB's mega-project "Eurasian Agri-Products Distribution System" (EADS) — a large-scale Bank initiative to create modern logistics infrastructure in member states. The Mercury Logistics hub will be one of the first major projects implemented under EADS in Kazakhstan.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For 20 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By the end of December 2025, the EDB’s cumulative portfolio comprised 326 projects with a total investment of US $19,6 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
The EDB is implementing three mega-projects as part of its 2022–2026 Strategy: the Eurasian Transport Network, the Eurasian Agricultural Goods Distribution System and the Central Asian Water and Energy Complex.
Eurasian Comodity Distribution System is one of the EDB's three mega-projects under the 2022–2026 Strategy. Its goal is to create modern logistics infrastructure in member states, integrating warehouses, terminals, dry ports and digital platforms for supply chain management. Enhancing transport connectivity, reducing costs for the economy and trade, and developing the transit and tourism potential of the region's states are the key tasks addressed by the mega-project.
Mercury Logistics is a single pure Class A warehouse complex on one site — the largest of its kind in Central Asia. The complex handles the entire product journey — from receiving to delivery to the end customer. Mercury Logistics is part of the Mercury Solutions technology-based trading system for businesses.
The EDB Media Centre:
+7 (717) 255 84 84, ext. 4774, 2160
