NCFD ski resorts to receive funds for development

The Russian Ministry of Economic Development will allocate over 12 bln rubles over three years for the development of North Caucasus ski resorts, Minister Maxim Reshetnikov announced.

Funds will be allocated from the Russian budget for the development of North Caucasus ski resorts in 2026-2028, Russian Minister of Economic Development Maxim Reshetnikov announced today, the Ministry of Economic Development's press service informed.

"12.6 bln rubles are being allocated for the development of Elbrus and Veduchi ski resorts managed by Kavkaz.RF, and the launch of the new Mamison resort in 2026-2028,”

- Maxim Reshetnikov said.