North Caucasus tourist project seems profitable - Ahmed Bilanov

The North Caucasus tourist project will pay for itself in 5-10 years, chairman of the North Caucasian Resorts corporation Ahmed Bilanov told Russia Today, RIA Novosti informs.

"The project will pay for itself in 5-10 years. It will be 10-15 per cent profitable," Bilanov said.

The issue of investment is the most acute so far, he added.