The Chinese Hua Bao company plans to build an exhibition and “Druzhba” congress center with an area of 30 hectares there, local media report.
Overall, 265,000 m2 of commercial platforms, such as exhibitions, trade pavilions, and office centers are to be constructed. Also, two 25-storey skyscrapers with hotels and business centers will be erected.
The total amount of investment in the project is estimated at $35 bln. The Chinese investors pledge to complete the congress and exhibition center construction by 2024.