Deputy Prime Minister Dmitry Chernyshenko appreciated the new integrated tourism project “Vasta Valley” in Sochi as part of a working trip to the Krasnodar Territory.
The presentation was attended by Sergey Sukhanov, General Director of the Tourism.RF Corporation, Sergey Bachin, General Director of Vasta Discovery, and Alexei Kopaygorodsky, Mayor of Sochi.
The all-season resort Vasta Valley is planned to be built in 2029 in the Sochi mountain cluster. The project investor is Interros. The new resort will develop health, skiing, ecological and other types of tourism. The resort will be located on the territory of 3.8 thousand hectares, the total area of buildings and structures will be 322 thousand square meters. m. 13 km of new cable cars will connect 80 km of ski slopes. Together with the already functioning slopes of the Sochi mountain cluster, the total ski area will be 300 km.
“The President set the task to accelerate the development of domestic tourism. The Krasnodar Territory, Sochi itself, is one of the most visited places in Russia. If we evaluate the ambitiousness of the Vasta Valley project, then the city has not seen such a large-scale construction since the Olympics. Modern hotels of three-star, four-star and five-star categories, apart-hotels, and a balneological boarding house-clinic will be built here. 3.5 thousand rooms in new hotels will be able to accommodate almost 8 thousand people at a time. At the facilities of Vasta Valley, 2.5 thousand new jobs will be created, comfortable housing will be built for the staff. 1.5 million people a year will be able to relax in the Vasta Valley. Undoubtedly, the construction will give impetus to the development of small and medium-sized businesses, which traditionally accompany such large facilities. The region’s budget will receive billions in tax deductions. I am sure that the tools of the national project “Tourism and Hospitality Industry” will make it possible to carry out a qualitative infrastructure breakthrough in other regions of Russia,” said Dmitry Chernyshenko.
As part of the implementation of measures for the development of the territory, together with the Ministry of Construction, the Tourism.RF Corporation will provide the so-called orchestration – interdepartmental coordination for the creation of transport and engineering support infrastructure, which is necessary for the implementation of the project.
“The volume of investments in the supporting infrastructure will be up to 30 billion rubles. The project will be implemented subject to obligatory compliance with all norms of environmental legislation,” Sergei Sukhanov commented.
Sergey Bachin, General Director of Vasta Discovery, noted that the Vasta Valley resort will become a logical post-Olympic development of Rosa Khutor and will harmoniously complement the existing infrastructure of the Sochi mountain cluster.
“This will significantly expand the tourist opportunities of the Krasnodar Territory as a whole as the most attractive holiday destination in our country,” he said.
Head of Sochi Aleksey Kopaygorodsky expects that the creation of the new Vasta Valley resort will give a further impetus to the development of the entire mountain cluster, with an emphasis on health improvement and balneological opportunities in Sochi.
“The integrated development of this tourist area is very important for us. Sochi is the only year-round resort in Russia, and the expansion of the resort infrastructure will contribute to the formation of domestic and international tourism potential,” the mayor added.
An agreement on the joint implementation of the project of the all-season mountain resort “Vasta Valley” within the framework of the national project “Tourism and Hospitality Industry” between the companies “Interros”, “Vasta Discovery”, “VEB.RF” and “Tourism.RF” was signed within the framework of SPIEF-2021 in the presence of Deputy Prime Minister Dmitry Chernyshenko and Chairman of VEB.RF Igor Shuvalov.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.