Nornickel invests in tourist cluster on Kola peninsula

Nornickel invests in tourist cluster on Kola peninsula

July 13, 2021

The Valla-Tunturi complex will start operating by 2027.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. With the support of Nornickel, a tourist and recreational complex Valla-Tunturi will appear on the Kola peninsula. Sports, industrial, expeditionary, historical and cruise types of tourism will be combined in one project.

It is about the Rybachy peninsula that is sung in the song “Farewell, rocky mountains”

It is planned to build a water park, a variety of rooms – from glamping sites and tourist camps to hotels and apart-hotels, a winter sports center with accompanying infrastructure, a network of tourist routes through natural, historical and industrial sites, fishing and diving sites on the Barents sea coast, in the area of the Rybachiy and Sredny peninsulas.

According to Anatoly Kotovrasov, general director of Valla-Tunturi, the project will be implemented thanks to the agreement on investment activities in the Arctic zone of Russia signed with the Corporation for the Development of the Far East and the Arctic.

Even in the absence of a developed tourist infrastructure, the Arctic attracts travelers

“The volume of capital investments in the project will amount to about 28 billion rubles, and its implementation will ensure the long-term socio-economic development of the entire region, including improving transport accessibility, development of small and medium-sized businesses. In addition, it is planned to create more than 800 jobs, most of which are jobs for young university graduates”, said Anatoly Kotovrasov.

He also noted that the Arctic zone requires exceptional approaches to development, since the usual economic models are difficult to apply to Arctic projects:

“This is due to their high cost and risks, long payback periods. Therefore, for companies operating in the Arctic, the stability of the business environment is very important. We are talking about support from the state, invariability of tax, budget and tariff rules”.

The Valla-Tunturi complex should start operating by 2027.

Earlier we wrote that in the end of the year the first Taimyr ethnic village will appear.

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Text: Mikhail Tuaev, Photo: Vasily Yakovlev and Sergey Dolya

July 13, 2021

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