Kabardino-Balkaria will introduce the project of the development of the resort zone “Cheget” located in Prielbrus’e woth $430 mln at the VII International investment forum “Sochi-2008”, Interfax reports with a link on the director of the department of investment policy of economy development ministry of Kabardino-Balkaria Khasan Timizhev..    

According to him it will be the recreation complex of international standard with the necessary infrastructure for mountain skiing.

9 rope-ways, 17 mountain ski routes will top off the project.

The resort will be able to cater to 3,96 people at one time.

Kabardino-Balkaria is going to introduce at “Sochi-2008” 10 investment projects 5 of which will be the projects of resort and recreation business.

Source: www.g2p.ru