Russia seeks investments from Qatar in tourism infrastructure development

Russia seeks investments from Qatar in tourism infrastructure development

Russia is seeking investments from Qatar and the rest of the world for its tourism infrastructure development.

In this regard, Russian state corporation Tourism.RF has held a presentation at the Qatar Travel Mart, highlighting the opportunities offered by large-scale tourism infrastructure development in Russia.

“Work is underway to create a comfortable investment environment for tourism development. Partnership with Tourism.RF, which has been established to help investors, will guarantee reliability and effectiveness of investment in tourism facilities, as well as return on it,” Sergey Sukhanov, head of Tourism.RF said.

According to him, the investment attracted to the industry would result in the construction of some 600 hotels, tourism facilities and resorts across the country. This strategic project is a remarkable opportunity for investors.

“We have created streamlined mechanisms for interaction with investors based on the principles of one-stop-shop and public-private partnership. This will help us to create high quality hotel rooms in remarkably beautiful regions of Russia of huge cultural importance,” he said.

Tourism.RF is willing to become a reliable partner for businesses, thus allowing the corporation’s partners to complete the necessary administrative procedures, from planning permissions to commissioning, on time and on budget.

The goal of the 2030 tourism development programme is to at least