Swiss-Egyptian developer Orascom has announced that it will complete construction on the golf course at its Andermatt Swiss Alps resort this year.
Other elements of the project planned for 2012 include the completion of the golf clubhouse and final façade work on the resort’s hotel, the Chedi Andermatt. Orascom will also start work on the first of the villas and apartments.
The company expects to invest CHF 115 million (US$125 million) in the project this year.