Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

France to Develop Ski Resorts in North Caucasus
27.05.2011 15:29
France to Develop Ski Resorts in North Caucasus

Russian state-owned company Resorts of the North Caucasus and French bank Caisse des Depots et Consignations will create a joint venture to develop tourism in the region.
       According to the agreement, France will help to build $2.84 billion worth of resorts in the North Caucasus. The joint venture will cooperate in the construction of ski slopes in Adygeya, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia and Dagestan. France is the first among others to decide to invest in the development of North Caucasus resorts.
       The French are ready to invest as long as the Russian government provides security guarantees, according to Kommersant.

Author: Ksenia Dzhalagonia

Tags: Russian tourism Russian business invest North Caucasus  

Next Previous

You might also find interesting:

4.5 Million Entrepreneurs Went Bankrupt during the Pandemic in Russia
Inflow to Funds Investing in Russia Tripled in a Week
State Duma Approved Criminal Liability for Blocking Streets
Franchise Business in Russia Went Down
Durov Commented on Rumors Spread by Bots about Telegram

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Domenico Trezzini  Buzz Barometer  terrorism  Mercedes-Benz Fashion Week Russia  Russian Railways  Exhibitions in Moscow  Heroism   airport transfer in Russia  Elbrus  Pavlovo  Moscow airports  Russian medicine  Kizhi  Moscow  Tyumen  Alcohol Abuse  health  Petersburg events  Russian Cinema  Natalya Gundareva  Russian trade  Vologda  Russian opposition  hydrocarbon fuel  travel to Russia  Detinets  Clean City  Yota  opinion poll  History of Russia  Dmitry Plavinsky  Moscow monuments  Izhevsk  Festivals  Ninolay Lanceray  Ukrainians  Quantum Communication  Tolbachik  Russian clergy  St. Petersburg  Gas industry  Russian tourism  Russian designers  technology  Andrey Moguchy  Russian economy  Russian business  Festivals in Moscow  speed limit  LGBT in Russia 

Travel Blogs
Top Traveling Sites