Anton Perin, Senior Banker, Business. Partnership. Development, VEB.RF: “VEB.RF is to take part in financing ten new projects in the tourism industry, totalling approximately 80 billion roubles (79.9 billion roubles). VEB.RF will provide 62.5 billion roubles in concessional financing through the Russian Ministry of Economic Development. The projects will create a total of 3,445 new hotel rooms and have a positive impact on the regional economies and increased tourist flow.”
The projects include building a five-star hotel complex with 1,202 rooms and on-site amenities in Krasnogorsk; a five-star destination resort with 250 rooms in the Perm Territory; a five-star resort hotel with 160 rooms in Olginka, Krasnodar Territory; hotel complexes (a five-star with 184 rooms and a four-star with 180 rooms) in Baikalsk, Irkutsk Region; Miracle Baikal, a hotel with 654 rooms in Buryatia.
Under the Tourism and Hospitality Industry national project, VEB.RF is involved in promoting domestic tourism and family recreation. The national project contributes not only to encouraging economic development, but also to improving quality of life for people by enabling them to spend more time on holiday with their families in their home country. With financial support from VEB.RF, extensive work is under way on creating tourism infrastructure in dozens of Russian regions.
Efforts to develop the country’s infrastructure, remove infrastructural constraints on economic growth, and promote tourism and recreation are high on VEB.RF’s list of priorities.
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