"Mongolian Alt Corporation" (Mongolia) plans to build a resort and tourist complex in the special economic zone (SEZ) "Baikal Harbor" in Buryatia for 6 billion rubles, according to the Regional Development Fund of the Republic. The corresponding agreement on intentions was signed by the acting head of Buryatia Alexey Tsydenov and the vice-president of the Mongolian company Enkhmandah Baldan.
The document provides for the investor's intention to build a tourist complex in the village of Turka in the Pribaikalsky district. SEZ tourist-recreational type "Baikal Harbor" was established in 2007 and is located on five sites. 4.9 billion rubles were allocated for the project, including 3.05 billion rubles from the federal budget, 1.7 billion rubles from the republican budget, and about 160 million rubles from private investments.
Author: Anna Dorozhkina