Putin proposes extending term of Russia's Central Bank chiefBusiness & Economy March 22, 21:49
Mayor says investigation into London attack is underwayWorld March 22, 21:16
Ukrainian radicals urge Poroshenko to nationalize Russian banks’ subsidiariesBusiness & Economy March 22, 20:51
Peru is back on 2018 Dakar Rally track alongside with Bolivia, ArgentinaSport March 22, 20:08
Three dead, twenty injured in London attack — policeWorld March 22, 19:59
Stadium in Russia's Dagestan to be named after pole-vault queen IsinbayevaSport March 22, 19:19
Top pilots to fly Su-30SM jets over Moscow on Victory DayMilitary & Defense March 22, 18:53
Russian design bureau ready to integrate BrahMos missiles into frigates for Indian NavyMilitary & Defense March 22, 18:50
London police say they are treating Westminster incident as terrorismWorld March 22, 18:45
MOSCOW, February 19 (Itar-Tass) —— Official opening of the first part of the first funicular railway at the all-season mountain resort Arkhyz is scheduled for early March of the current year, press service of Resorts of the North Caucasus Company told Itar-Tass.
A recent test launch of the first 900 meters of the cable railway and subsequent technical inspection showed that the lift and four kilometres of ski routs made in accordance with European standards are fully ready to serve tourists.
The Arkhyz resort in Karachay-Cherkessia will build 263 kilometres of slopes of different difficulty levels, which will have 54 lifts. It will have hotels, cottages and apartments of different star ratings, which will be able to accommodate 24,000 tourists. After reaching its full capacity Arkhyz will be able to serve up to 45,000 visitors daily.
Construction of the Arkhyz all-season mountain resort is done jointly by the Resorts of the North Caucasus and Arkhyz-1650, a subsidiary of the Group of Sinara. Under the agreement, signed on November 17, 2011 in Cherkessk, the Arkhyz-1650 company will invest in the construction of hotels, residential and commercial real estate resort, and the Resorts of the North Caucasus- in infrastructure components of the complex.
The total investment in this tourist area, according to preliminary estimates, will exceed 80 billion roubles.