"EKTA" Ltd. invests 99 million rubles in the construction of a hotel in the village

"EKTA" Ltd will invest 99 million of rubles in the construction of a hotel in Nizhny Novgorod Oblast.

It has been announced by Dmitry Svatkovsky – the deputy governor and board of Investment of Nizhny Novgorod Oblast on November 18th.

In an interview with the deputy head of the oblast it has been noted that 10 new hotels of two or three stars are required for the reducing of the hotel room shortfall. "We've got all the investors there is no misunderstanding everything's clear. The main thing now is that they have to fulfill their obligations," - says Svatkovsky.

He has also noted that part of the problem of lack of accommodation in Nizhny Novgorod can be located through the "floating hotels" when the ship is placed "on the joke" and performs the functions of the hotel, but not the vehicle.

As it was reported previously by the Mayor - Oleg Sorokin. It was offered to fine investors for failures of the timing of construction of hotels in Nizhny Novgorod. As It is noted by Dmitry Svatkovsky the Government of the Nizhny Novgorod Oblast has decided to toughen control over the timing breakdown of hotel construction. "If that happens - then we'll break the contract with the investor" - promises Mr. Svatkovsky.

As previously it was reported the local authorities has decided to define the Ol'gino place stadium for the World Cup - 2018.

By this time the government Nizhny Novgorod Oblast intends to build more than ten new hotels in Nizhny Novgorod.

12 December 2011
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19 April 2013
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