MOSCOW, March 2 (RIA Novosti) - Central Russia's Nizhny Novgorod Region will present four large investment projects at the Cannes 20th commercial property fair, the regional governor said on Monday.
The MIPIM-2009 premier real estate trade fair will be held in the French resort city of Cannes on March 10-13.
"This is not the first time that the region has taken part in the fair, which is expected to be attended by about 1,170 delegations from 383 firms representing around 80 countries," Valery Shantsev said.
The first investment project involves the development of the central historical part of Nizhny Novgorod, while the second offers a comprehensive plan for the development of transport routes and logistics centers, Shantsev said.
In addition, the Nizhny Novgorod Region will present a project for the reconstruction of an area of mountain skiing ski-ramps on a high bank of the Volga River.
"A 400-meter artificial tube for all-year mountain skiing, an aqua park, hotels, and a shopping mall linked with transport networks will be built there," Shantsev said.
The Nizhny Novgorod Region administration will also present a project for a 57,000-square meter business center near the Meshchera Lake, where investors will be able to build office buildings, hotels, a shopping mall and entertainment infrastructure, the governor said.
