Montsame article on MAK/Lotte deal for Hyatt Hotel outdated, copy-pasted from 2011
February 26 (Cover Mongolia) Montsame published an article today that was copy-pasted from a Lotte press release dating September 15, 2011 on a deal struck between Mongolyn Alt (MAK) and Lotte Construction, on a $110 million project to build “Hyatt Regency Hotel Mongol”. Original announced stated that construction will commence in 2011 and to be completed in September 2014, a date which Montsame also mentions. The building referred to here is what’s also being call the MAK Tower, and located on the south-east corner of Peace Bridge. Only the ground has been broken so far with fenced-out with Lotte E&C logos.