Veniamin Kondratiev: the Krasnodar Krai is planning to conclude big investment agreements in the field of resorts at the 2022 St Petersburg International Economic Forum

Kuban’s Governor told the journalists that the region is aiming to attract large-scale investments.

The head of the region noted that at the coming 25th St Petersburg International Economic Forum the administration of the Krasnodar Krai was planning to conclude a number of large agreements with health resort investors, as reported by the press service of the Krasnodar Krai administration.

For example, in the Esto-Sadok NAO «Krasnaya Polyana» it is planned to build a hotel complex «Zelenaya residentsiya» («Green residence») with apartments, trading spaces, public catering units, a congress center, conference halls and recreational areas. This investment project with the total cost of 16.6 billion roubles also involves the construction of a multifunctional gastronomic tourism center Redpeak and a dormitory for the staff of Krasnaya Polyana resort (accommodates 320 people).

The estimated project delivery time is 5 years, it will create 800 new workplaces.

«Izvestiya» health center is planning to build a four-star hotel complex, restaurant and spa complexes, a conference hall and a medical center in the Adler district of Sochi. The total cost of the project is 17.2 billion roubles and the construction time is 4 years. The implementation of the project may create 559 new workplaces.

OOO «Spetsializirovanny Zastroyshhik MegaStroy» is willing to build a hotel complex Double Tree by Hilton Sochi Krasnaya Polyana in the Krasnaya Polyana village and create more than 200 new workplaces. The investments will amount to about 5.9 billion roubles. The estimated construction time is 4 years.

The region is also planning to sign a collaboration agreement with PAO «Gruppa LSR» that involves the development of a single health resort complex with a modern balneary and a well-equipped beachfront in the Khostinsky district of Sochi that includes health resorts Volna, Kristall and accompanying infrastructure units. The estimated total amount of investments is 24.4 billion roubles.

The investor is planning to renovate the palace and park complex of the Volna health resort over the course of 3 years. The health resort built in 1949-1964 is an architectural monument. Here they are going to build a five-star hotel complex, a spa complex with swimming pools and a fitness center, and the health and recreation areas will also be restored. The project will create 220 new workplaces.

A modern balneary will be placed in the Kristall boarding house, and this project will create 290 new workplaces.

The anniversary 25th St Petersburg International Economic Forum will be held between 15 and 18 June. As previously reported by the Governor Veniamin Kondratiev, the Krasnodar Krai is planning to conclude investment agreements amounting to more than 150 billion roubles.