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More than 1 billion soms allocated for reconstruction of Altyn-Kul resort

A public-private partnership (PPP) agreement was signed between Altyn-Kul state enterprise and R Group LLC on the project for the reconstruction and management of Altyn-Kul resort. The PPP Center reported.

The project is aimed at improving conditions for vacationers and updating the resort’s infrastructure.

The implementation will take place in two stages: first, repairs will be carried out, the territory will be improved and the cottages will be reconstructed, and then a new building with a conference hall, restaurant and swimming pool will be built.

Investments in the project will exceed 1 billion soms, and at least 50 percent of the staff will be residents of Issyk-Kul region.

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