Global Trade Alert
Global Trade Alert

Russia: Government allocates around RUB 8 billion to subsidise hotel construction

Announcement

13 Jun 2023

In June 2023, the government of Russia announced an allocation of around RUB 7.98 billion (USD 95.04 million) in 2023 and 2024 to support hotel construction in over 30 regions.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

14 Sep 2023

Updated: 13 Jun 2023
State aid, unspecified
On 13 June 2023, the government of Russia published Decree No. 1441-р, allocating approximately RUB 4.1 billion (USD 48.74 million) in 2024 to support hotel construction in over 30 regions. The type o...
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Implementation date

13 Jun 2023

Revocation date:

14 Sep 2023

Updated: 13 Jun 2023
State aid, unspecified
On 13 June 2023, the government of Russia published Decree No. 1441-р, allocating approximately RUB 3.9 billion (USD 46.19 million) in 2023 to support hotel construction in over 30 regions. The select...
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