At the Russian Investment Forum RIF 2019, today, a Russian-French memorandum on cooperation and establishment of long-term partnership between Joint-Stock Company Northern Caucasus Resorts, Société d’Aménagement de la station de la Plaigne (SAP) and Arcs Domaine Skiable (ADS) was signed.

At the Russian Investment Forum RIF 2019, held in Sochi on February 14-15, Northern Caucasus Resorts JSC presented investment lots for the amount about RUB 41 billion to participants of the business program. Implementation of the projects is scheduled for 2019-2021 at sites of all-season resorts Arkhyz, Elbrus and Veduchi.

New residents of the tourism and recreation special economic zone in Karachay-Cherkess plan to build two hotel resorts in Arkhyz. Business plans of investors were considered at the meeting of the Expert Council for SEZ in the North Caucasus Federal District managed by Northern Caucasus Resorts JSC, which was held in the Ministry of the North Caucasus Affairs of the Russian Federation, under the chairmanship of Olga Rukhullaeva, Deputy Minister of the Russian Federation for Northern Caucasus Affairs.

Over 100 thousand tourists spent their New Year holidays at the three resorts of the North Caucasus.

All-season tourist and recreational complex (ATRC) Arkhyz in the Karachay-Cherkess Republic won the National Sports Premium for 2018 established by the Ministry of Sports of the Russian Federation. It was recognized the best sports facility in nomination of Sports Facility of Russia. The high-profile award ceremony for award winners was held the day before in Moscow.

At its meeting of the Expert Council for tourist-and-recreational special economic zones (SEZ) included in the North Caucasian tourist cluster, which took place today in the Ministry of the North Caucasus Affairs of the Russian Federation, headed by Olga Rukhullaeva, Deputy Minister of the Russian Federation for North Caucasus Affairs, applications of two potential residents of SEZ in the Karachay-Cherkess Republic were approved. Investors are ready to invest in development of hotel room stock of all-season resort Arkhyz more than RUB 935 million