Spector Gadon & Rosen has been retained as legal counsel for developer Winwheel Bullion to handle its tax, securities, and other legal needs during the company's work in developing Mongolia's international Zamiin Uud Free Economic Zone.
Jonathan Greystone of Spector Gadon handled the negotiations with Winwheel Bullion and will be the lead attorney on the development.
"This is a five to 10-year project involving multiple billions of dollars," Greystone said. "As this ambitious zone develops, Mongolia will increasingly be in the global spotlight."
As part of the project, the Mongolian government has provided 104,000 acres of land for Winwheel Bullion to develop a commercial center.
The development will include an airport, casino resorts, a convention center, shopping complexes, office buildings, a sports stadium and a theme park. There will also be housing, hospitals, parks and a retirement community.
--Gina Passarella, Staff Reporter