Head of Agalarov Development Emin Agalarov announced its intention to build a hotel similar in construction technique and design to the Burj Al Arab hotel in Dubai.
According to the RIA Novosti Real Estate website, a building is planned to be built near Baku on the Caspian Sea. The building itself will be located on an artificial mass island, it will be built in three years.
“Currently, the project is coordinated by the Azerbaijani authorities,” Aglagarov said. said.
The planned construction area will be 120 thousand square meters. According to preliminary estimates, the amount of investment to be made in the ambitious project will be $ 250 million.
Earlier, employees of the Ministry of Property Relations of the Moscow Region discovered an illegal hotel in Orekhovo-Zuyevo.
Source: Riafan
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