Isbjörn of Sweden Teams Up with Viking Europe to Elevate Sales in Germany and Austria for Sustainable Outdoor Kidswear
Isbjörn of Sweden, a leader in sustainable and premium outdoor clothing for children and teenagers,
moreGermany; HARDY'S Gym Chain Expands: Celebrating the Opening of the 7th Location in Germering
The family-owned gym chain HARDY'S is excited to announce its latest expansion with the acquisition
moreJD Sports Expands Reach in Central and Eastern Europe with Full Acquisition of Marketing Investment Group
JD Sports Finalizes Acquisition of Marketing Investment Group, Expanding European Dominance and grow
moreEmerging Fitness Movements: Insights from a Comprehensive German Fitness Consumer Survey
A recent survey conducted by Classpass and Mindbody, encompassing feedback from over 8,000 fitness e
moreGerman Alpine Club Sees Record Growth: Surge in Young and Female Members Amid Mountain Sports Boom
The popularity of mountain sports is on a significant upswing, as evidenced by the rapid growth of t
more
"Business
Partner search for the Sports industry in Central Europe"
You are here » Home Page
» CE Sports Business News
» Lake Baikal to transform into hotspot after Chinese investment
Lake Baikal to transform into hotspot after Chinese investment
2016-11-03 source ownIn an attempt to increase tourism around the world’s deepest lake, Lake Baikal, around €10 billion is set to be spent by Chinese investors in a Special Economic Zone (SEZ). Led by Chungjingxin, a consortium are attempting to create a ‘world-class tourism zone’ by investing in the old Baikalsk Paper and Pulp Mill.
In order to develop the SEZ with the investment group, Grand Baikal, a tour company based in Russia, has signed a Memorandum of Understanding. In the plans, the infrastructure will be developed to improve facilities to a level where they can accommodate a large flow of tourists to the location.
Image provided by; © Ogolikov | Dreamstime.com - Baikal Lake. Photo