Inteco will invest 500 million euros in real estate Morocco
Elena Baturina. Photo Forbes Intaco, owned by the wife of the capital mayor Elena Baturina, will invest about 500 million euros in the construction of resort projects in Morocco, Vedomosti reports. Kudla Group, which is the subsidiary of Inteko, has already acquired 48 hectares of land in the north of Morocco. The construction of a residential complex, a hotel, a sports and entertainment center and a golf field is planned on this site.