Global Trade Alert
Global Trade Alert

Russia: Government allocates additional RUB 10 billion to subsidise hotel construction

Announcement

14 Sep 2023

In September 2023, the government of Russia announced an additional RUB 10 billion (USD 104 million) in total in state aid for hotel construction in a number of Russian 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:

31 Dec 2024

Updated: 14 Sep 2023
State aid, unspecified
On 14 September 2023, the government of Russia adopted Decree No. 2480-р, allocating an additional RUB 5 billion (USD 52 million) in 2024 to support hotel construction in over 30 regions. The budget o...
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Implementation date

14 Sep 2023

Revocation date:

31 Dec 2023

Updated: 14 Sep 2023
State aid, unspecified
On 14 September 2023, the government of Russia adopted Decree No. 2480-р, allocating an additional RUB 5 billion (USD 52 million) in 2023 to support hotel construction in over 30 regions. The budget o...
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