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The holding company “Interros” and Kabardino-Balkaria are going to construct on the northern-east mountainside of Elbrus a mountain-ski complex. It should be situated in the area of Djily-Su.

Vladimir Potanin and Arsen Kanokov on Saturday had signed a memorandum of cooperation in the framework of the Saint-Petersburg economic forum; however Potanin said that they hadn’t fixed the volume of the whole invested means. “Meanwhile the project is at the earliest stage of its implementation; there is no master-plan, so it is rather early to talk about the entire sum of investments”, - Potanin declared.

Nevertheless according to the experts, construction of the mountain-ski complex would cost about $ 1 billiard. According to Potanin they suppose that the master-plan would be create by a Canadian company which had already participated in the other projects of “Interros”.

Earlier Kabardino-Balkaria had signed a cooperation agreement with Vnesheconombank and “Interros”. On June, 9 Arsen Kanokov and president of “Interros” Vladimir Potanin visa a memorandum of cooperation between KBR and “Holding company “INTERROS”.

The document is based on the mutual “interest in cooperation in development of the mountain-ski complex on the northern-east mountainside of Elbrus in the area of Djily-Su”. The next day the agreement about general principles of financial organization of investing projects was signed by Kabardino-Balkaria and the Bank of foreign economic activities (Vnesheconombank).

The agreement was signed by the KBR president Arsen Kanokov and the president of Vnesheconombank Vladimir Dmitriev. The document states joint activities in financial organization of investing projects in the sphere of hydro-energy, pharmaceutics, agricultural production, resorts and tourism, building and production of building materials.

Caucasus Times

NatPress

Опубликовал administrator, 12-06-2007, 15:55. Просмотров: 669
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