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MIL OSI Translation. Region: Russian Federation –

Loans to investors will be provided for up to 15 years, and the state will subsidize banks in an amount equal to the refinancing rate. The list of projects approved by Rosturizm, according to the rules, is agreed upon by a subcommittee of the Government Commission for Tourism Development.

“The list of the first projects has been approved, which will receive soft loans at a rate of 3-5% for the construction and reconstruction of hotels. The volume of investments in the first 38 approved projects will amount to about 200 billion rubles, of which 140 billion rubles will be attracted by businesses in the form of concessional loans. This will make it possible to create about 14 thousand new modern rooms of various star categories in the next two or three years. At the same time, the first reconstruction projects will be ready next year, ”Dmitry Chernyshenko said.

Concessional lending is a completely new measure of support for the industry, which is being implemented for the first time this year within the framework of the national project “Tourism and Hospitality Industry”.

Projects for selection, in accordance with the rules, are provided to Rosturizm by authorized banks, after which they must be approved by a subcommittee of the Government Commission for Tourism Development.

“The Subcommittee promptly agreed on a list of borrowers whose projects are in a high degree of development, since we are interested in high-quality projects getting access to cheap loans as soon as possible and further. In total, by 2024, almost 19 billion rubles are planned for the program within the framework of the national project, these funds are provided for subsidizing the interest rate to banks. Together with other measures of state support that the corporation has, in particular the possibility of co-financing by the corporation Turizm.RF projects on the terms of public-private partnership, this will help to achieve the goals of the national project “Tourism and hospitality industry” as soon as possible, ”said the general director of the corporation“ Tourism .РФ “Sergey Sukhanov.

“It is very important for us that 75% of approved projects will be managed by federal and international hotel operators such as Alean, Cosmos, Azimut, Hilton, Accor (Mercure), Holiday Inn, Marriott International, Sheraton, Novotel, Radisson and others. Their presence guarantees the quality of services provided, a high level of service and safety, and also creates a competitive environment in the industry. We have tried to support projects in resort areas, where the most acute shortage of high-quality year-round tourist infrastructure. As a result, more than half of the supported room stock – about 9 thousand rooms out of 14 thousand – will be created in the Republic of Crimea, Krasnodar and Stavropol Territories, Kaliningrad, Yaroslavl and Tver Regions (Zavidovo), Karachay-Cherkessia (Arkhyz). About 1,000 more numbers were supported in Siberia and the Far East – in Sheregesh, on Lake Baikal, in the Primorsky Territory and the Sakhalin Region, ”said the head of Rostourism Zarina Doguzova.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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