Updated April, 15 2008

   South Korea commercial companies are ready to invest funds into Kamchatka tourism development as reported the press-service representative of Kamchatka region governor and government.

   "The matters of the foreign capital investing into the tourist infrastructure of the Kamchatka region have been discussed within the meeting

of the first vice chairman of the Kamchatka region government Igor Cherednichenko with the delegation of the large South Korea construction and financial companies' representatives, paying a business visit on the peninsula", said the source.

   According to him, the businessmen from the Republic of Korea have taken the great interest in the funds investing into the tourism development on Kamchatka.

In particular, the South Korean businessmen are ready to take part in

the ski center construction on Avachinsky Volcano within Petropavlovsk-Kamchatsky, organization of hotels and business-centers chain.

   "We see that Kamchatka is the most wonderful and

the most comfortable place for development of ski resorts and tourist business on the whole on this territory. And we also consider investments in this industry development will bring a good return both for our party and for your region", declared Dekhva Company director general Seo Van Seok within the meeting.

   According to her, it goes not only about the construction of luxury hotels but also about the services development available for a middle class and family vacation.

Cherednichenko assured the Korean business companies' representatives that the Kamchatka region government has been ready to the constructive and fruitful co-operation.

   "The tour ist industry is one of the priority directions of

the Kamchatka region economy development.

Therefore, we take a great interest in the projects oriented to tourists attraction and in high services' rendering", Cherednichenko said.
He marked that those companies that did themselves justice within

the competition would necessarily receive help and support from the region government.