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Photo by Vladimir Ivanovo (V)
Modus Group, a company run by businessman Kstuis Martinknas, and a company controlled by him have filed a complaint with the World Bank arbitrator against Belarus. The interior is related to the construction of the hotel, but its specific content is not published.
The representative of Modus Group BNS announced that the claim against Belarus had been submitted to the International Center for Settlement of Investment Disputes (ICSID) by Modus Group and the company Pavilni sauls valnis 14.
The dispute takes place in accordance with the Lithuanian-Belarusian investment promotion and protection agreement, the group’s lawyer Inga iagien reported. And it highlights the impossibility of providing more details while there is a dispute between Ali.
According to ICSID, on January 8 of that year an application related to a hotel construction project was registered. The claim was submitted to the Republic of Belarus, and the President and Prime Minister of Belarus are appointed as representatives.
The news was published in Belarusian online media on Tuesday. Office Life, which also cites the news site Charter 97, announces that the problem may be related to the construction of a hotel near the Minsk airport.
Reform of the portal. By reports that about the construction of a hotel at the airport in 2014. said Deputy Prime Minister Anatoly Kalinin, and in September last year, the head of the airport, Viaeslav Choroneka, said that he had managed to find an investor, but did not name him. According to him, construction should start in 2021.
Modus Group’s renewable energy company Green Genius has nuclear biogas plants in Belarus, with a total capacity of 9 MW, and produces more than 60 GWh of oil energy annually.
According to data from the Registry Center, the shareholder of Pavilni sauls valley 14 is Modus Mobility, which belongs to the Modus Group.
The reproduction of BNS news in the media and on websites without the consent of the UAB “BNS” is prohibited.
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