Last updated on April 16, 2014 at 6:04 EDT

Ukraine to Build a Brand New Tourist City by 2014

December 8, 2011

KYIV, Ukraine, December 8, 2011 /PRNewswire/ –

“In the next three and a half years, essentially, a completely new tourist city will
emerge near Yevpatoria,” stated the Vice Prime Minister of Ukraine – Minister of
Infrastructure of Ukraine Borys Kolesnikov after the conference Inside Ukraine, organized
by The Economist in London. The minister said that the development will ensue within the
national program to modernize the Crimean peninsula into an attractive tourist

Minister Kolesnikov explained that a new tourist city would be built from scratch on
the Crimean peninsula. It will offer hotel accommodation for thousands of visitors along
with vast opportunities for investment in the development of infrastructure. Additionally,
the plan to develop Crimea stipulates for two new airports to be built in the central and
southern parts of the peninsula.

The move is growing in popularity in various countries of the world. In Saudi Arabia
six so-called “economic cities” are being built across the country. The aim of the project
is to create over a million new job opportunities and provide homes for 4-5 million
residents. The project is set to contribute USD 150 billion to the GDP of Saudi Arabia by

This year the government of Honduras introduced one of the most revolutionary concepts
of new cities. The major advantage of the emerging city will be a charter of legally
binding rules regulating the life in the area. One of the better governed countries of the
world will be asked to guarantee the charter.

Crimea is an autonomous republic of Ukraine located in the south of the country. Its
geographical location makes the peninsula the most favorable for recreation region of
Ukraine. Crimea is surrounded by the Black Sea and borders on the Sea of Azov. The mildly
salty waters of the Black Sea, perfectly warm in summer, attract millions of tourists to
the sunny beaches of the southern Crimean coast annually.

As of now, the Crimean tourist infrastructure and the quality of services provided has
hardly reached its potential. This serves as an incentive for the Ukrainian government to
invest in the development of the region, as well as provides an attraction for foreign
investors who have a chance to capitalize on the emerging tourist market with high

Map of the area http://wnu-ukraine.com/news/culture-lifestyle/?id=1141

SOURCE Worldwide News Ukraine

Source: PR Newswire