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Crimea to benefit Russia’s economy — Moscow mayor

March 17, 2014, 17:03 UTC+3 MOSCOW
“Today, when Crimea joins Russia as its constituent member, the level of investment attractiveness will certainly be quite different,” Sergei Sobyanin said
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Sergei Sobyanin

Sergei Sobyanin

© ITAR-TASS/Mikhail Dzhaparidze

MOSCOW, March 17. /ITAR-TASS/. Crimea and the city of Sevastopol are economically advantageous for Russia, Moscow Mayor Sergei Sobyanin told Kommersant FM radio station on Monday.

“I think Crimea and Sevastopol are extremely advantageous for the country from an economic point of view,” Sobyanin said. “I am sure that the travel businesses will start booming in Crimea.”

The mayor recalled that Moscow had several health resorts in Crimea “which, unfortunately, have failed to develop lately due to uncertainty and political instability”.

“Today, when Crimea joins Russia as its constituent member, the level of investment attractiveness will certainly be quite different,” Sobyanin said, noting though that it was still too early to speculate about any significant economic value.

“However, I believe the situation will change for the better in the coming years,” he said, adding that Moscow would invest in its health resorts in Crimea.

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