Mechanisms for Attracting Investment in the Infrastructure of Resort Regions

Natalya Berezina

2021

Abstract

Over the past 10 years, the tourism and recreation industry has grown at a rate exceeding the growth rate of the world economy. The Russian Federation has the potential for the development of almost all types of tourism and the prospects for increasing tourist flows due to the reorientation of outbound tourism to domestic. However, it is hindered by the tourist infrastructure underdevelopment. The purpose of the work is to study the features and advantages of the public-private partnership in the form of concessions to intensify the investment process in the tourism industry. This paper analyzes the successful experience of this mechanism in other countries, and also provides an overview of the current and forthcoming concession agreements in the field of tourism in the Russian Federation. The main features of concession agreements, which ensure the attractiveness of this mechanism for both the state and the private investor are studied. The most suitable factors for tourism and recreation are considered.

Paper Citation

in Harvard Style

Berezina N. (2021). Mechanisms for Attracting Investment in the Infrastructure of Resort Regions. In Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI, ISBN 978-989-758-519-7, pages 178-185. DOI: 10.5220/0010587901780185

in Bibtex Style

@conference{issdri21,
author={Natalya Berezina},
title={Mechanisms for Attracting Investment in the Infrastructure of Resort Regions},
booktitle={Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI,},
year={2021},
pages={178-185},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010587901780185},
isbn={978-989-758-519-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI,
TI - Mechanisms for Attracting Investment in the Infrastructure of Resort Regions
SN - 978-989-758-519-7
AU - Berezina N.
PY - 2021
SP - 178
EP - 185
DO - 10.5220/0010587901780185