Baytik Mountain Resort
Kyrgyzstan is launching another major ski resort project. The year-round Baytik Mountain Resort, valued at $127.9 million, will be built 35 kilometers from Bishkek. China National Heavy Machinery Corporation (CHMC) will participate in both the construction and financing of the project. On August 27, the Tourism Development Support Fund, Valmont Group, and the National Investment Agency signed a public-private partnership agreement to build the resort in Kashka-Suu. The first phase of infrastructure is expected to be commissioned within four to five years. Kashka-Suu has been a ski destination since the Soviet era, with its first ski club est…
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