VEB.RF, partners to create 80 bln rbl mountain resort in Sochi - Consumer Goods & Retail - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

VEB.RF, partners to create 80 bln rbl mountain resort in Sochi

MOSCOW, Apr 8 (PRIME) -- VEB.RF, Interros and Vasta Discovery will establish a year-round mountain resort Vasta Valley in Sochi with investments of about 80 billion rubles, VEB.RF said in a statement Thursday.

"State development corporation VEB.RF, Interros, company Vasta Discovery have signed a cooperation agreement to fulfill a year-round mountain resort Vasta Valley project in Sochi. The total amount of investments is estimated at about 80 billion rubles," VEB.RF said.

VEB.RF is considering syndicated financing of the project.

(77.7730 – U.S. $1)

End

08.04.2021 12:41
 
 
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