Construction of five hotels for 400 rooms starts in Moscow region

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Construction of five hotels for 400 rooms starts in Moscow region
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Construction of hotels with a total capacity of 400 rooms is scheduled to begin in the Moscow region this year, the press office of the regional Ministry of Investments and Innovations told Interfax news agency on Friday.




The hotel is planned to be built in the districts of Serpukhov, Pushkin, Dmitrov, as well as in the municipal district of Serpukhov. A total amount of funds planned to be invested in the implementation of these objects is expected to exceed 1.5 billion rubles.

The regional authorities plan to compensate a part of the expenses for the establishment of objects of engineering and road infrastructure.

“The matter concerns a compensation in the amount of not more than 10% of the total project costs and no more than 50 million rubles for each applicant,” the press office added.



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