December 18 (SeeNews) - Minsk Princess Hotel, part of Turkey’s Princess Group, will invest $70 million (51 million euro) in building a five-star hotel in Belarus capital Minsk, Belarusian Telegraph Agency (BelTA) said .
The Minsk City Council has signed an investment agreement with the company to build the hotel and reconstruct the property portfolio of OJSC Yakub Kolas Polygraphkombinat, BelTA said on Tuesday, citing as source the economy committee of the Minsk City Council.
($ = 0.727 euro)