OKKO Group has begun construction of an all-season mountain resort GORO Mountain Resort at the foot of the Vysoky Verkh mountain range at an altitude of 650 meters above sea level in Lviv region, the group’s website reported on Wednesday. Total investments in the recreation project are estimated at $1.5 billion. OKKO Group plans to invest $500 million from its own and borrowed funds, and another $1 billion is planned to be raised from other investors.