In 2024, Russian regions will receive subsidies for the construction or reconstruction of ports and port infrastructure development to promote yacht tourism. These changes have been incorporated into the state program “Tourism Development.”
Funding may be allocated for various purposes, including project documentation development, marina construction, dredging works, and the creation of port infrastructure, including access roads, reports Interfax.
The Ministry of Construction will conduct a competitive selection of projects eligible for subsidies, and it will also determine the amount of government support.
The establishment of a network of ports is one of the objectives outlined in the cruise and yacht tourism development concept for the period up to 2030, approved by the government in October 2021.
