North Caucasus | Tourism, recreation

Sinara to invest $213m in Romantic tourist complex in Arkhyz ski resort

18 Feb '11
Group Sinara has announced plans to invest $213m building the first touristic complex Romantic of the Arkhyz ski resort in the Republic of Karachayevo-Cherkessia.

The project is reportedly to be partly financed with a loan from state-run Vnesheconombank.

Under the project, the company is to build several hotels, ski slopes, ski lifts, cableways and other touristic facilities.

Under the work schedule, by skiing season of 2011-2012 the company is to put into commission three hotels, 860-meter-long four-seat cable way to go up 1,770 meters.

By 2012-2013 skiing season the company is to build 14-kilometer ski slopes, nine ski lifts and more hotels, the firm said.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content
Latest News: North Caucasus
17 Aug '15 | Finance, business | Technology & innovation
10 Aug '15 | Transport, logistics | Technology & innovation
17 Dec '14 | Technology & innovation | Finance, business
28 Oct '14 | Energy, utilities | Transport, logistics
1 Sep '14 | Technology & innovation
 

Feature stories

7 Sep '17
26 Jul '17
Scientists at Tomsk Polytechnic (TPU) in Siberia have...
20 Jun '17
In regions most of European Russians will hardly ever...
Search (News archive - 21157)
Advertising
Marchmont News
Advertising
Nano & Giga Symposium

Latest News

19 Sep '17
Scientists in St. Petersburg have partnered with...
18 Sep '17
A new venture fund has been launched in Russia to...
15 Sep '17
Researchers at the North-Eastern Federal University...

Most read stories from last week

18 Sep '17
A new venture fund has been launched in Russia to...
19 Sep '17
Scientists in St. Petersburg have partnered with...