The project of development of tourism, health and ski resorts in the North Caucasus has been approved by Dmitri Medvedev, Yuga.ru reports.
The aim of the project is to create a sector of the economy common to all the Caucasian republics and to use the natural possibilities of the region. The total area covered by the resorts wil be 4000 hectares, the total budget of the project will be 451.44 billion rubles.