"Greater Caucasus" tourism project to cost Russia 1.5 trillion rubles

The five-year “Greater Caucasus” tourism project will require over 1.5 trillion investments. The project will include tourism infrastructure development in seven regions.

The Greater Caucasus tourism plan was presented at the Caucasus Investment Forum on Julay 16.

A large-scale project involving seven subjects of the North Caucasus Federal District will require significant funding.

"These are seven regions, a five-year plan. <...> Budget investments and private investments in total - about 1.5 trillion rubles" head of the ProGorod project office Ksenia Titova said.

According to her, approximately half of all investments will be directed to priority objects, including the national Caucasus Trail and the Great Caucasus Road.