NY Koen Group (Dubai) to invest in and construct a $500 million trade and exhibition center near Ukrainian capital Kiev

Dubai, UAE, January 26, 2019:  Naum Koen, Founder and CEO of NY Koen Group, has recently announced the news that his well established holding group will be funding and constructing a large complex to be used for exhibitions and trade shows, with the development process starting in January 2019. The multipurpose space, named NY Trade Centre Kiev, that will cost $500 million, is located on a plot of 105 hectares and just 13 kilometers from the the Ukrainian capital on the Odessa highway. The sizeable space will include within its area, 10,000 selling bays for the wholesale market and an exhibition center, which will be comprised of hotels, restaurants and showcase halls. 

The inaugural opening is anticipated for January 2021, which will involve opening the space to the wholesale market, with the exhibition center opening following 2 years after that.  

“As well as an exhibition hall and a trade complex, we plan to build a large concert hall that will be able to accommodate a capacity of 7,000 people. The NY Trade Center Kiev is designed with three main workings in mind, – a trade complex, an exhibition complex and a concert hall,” – commented Naum Koen on the project. Naum Koen has also suggested that the co-investor of the project may well be Cyrus Poonawalla, an Indian business magnate who founded and runs Poonawalla Group, which umbrellas Serum Institute of India, a world leading vaccine manufacturer.