TEC has entered into a joint venture with Winwheel Bullion to pursue projects in Mongolia. Mongolia is located 350 miles northwest of Beijing, China. On the southeast Mongolian border, the Zamiin Uud (pronounced ZA-meen OOD) Free Economic Zone is the result of an unprecedented partnership between the Mongolian Government and the United States-based Winwheel Bullion Corporation. The Mongolian government will provide 104,000 acres of land for a Master-planned commercial center with development led by Winwheel Bullion. Phase I of Zamiin Uud will be a 2,224 acre development that will include Construction of Odonchimed International Airport and a base infrastructure of hotels, casino resorts, a convention center, shopping complexes, duty Free shops, office and commercial buildings, banks and financial Institutions, industrial complexes, sports stadium, theme park, and golf Courses. In addition, residential and community infrastructure will include Housing, hospitals, public parks, a retirement community and other Supplemental structures.
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