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Dagestan to allocate 7.8 billion rubles to develop tourism till 2018

02 December 2016 11:11 Posted in:  BUSINESS
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Makhachkala, December 2, 2016. Dagestan authorities intend to allocate 7.8 billion rubles for the development of tourist and recreational complex till 2018, the Ministry of Tourism and Folk Crafts of the republic informs.

The funds will be allocated within the framework of the target program "Development of tourist and recreational complex in the Republic of Dagestan for 2014-2018 years". It is planned to attract 321 million rubles from the republican budget, 124.2 million rubles from the municipal budget and 7.4 billion rubles from the extra-budgetary sources.

The program also envisages the expansion of the network of tourist facilities and the promotion of products of tourist-recreational complex of Dagestan in the Russian and world markets.

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