Crimea’s Economy Thrives with Record Investments and Tourism Boom
Crimea's economy is flourishing despite international sanctions, with regional budget revenues on the rise. The peninsula is also witnessing significant developments in infrastructure and tourism, as well as support for veterans and residents.
The Crimean government is investing heavily in the region's future. Over 280 billion rubles have been poured into Crimea, leading to the creation of 12,000 new jobs. This investment is evident in the 200 major facilities being constructed under 12 national projects.
To address waste management, three eco-technoparks are set to be operational by 2027. These parks will not only process waste but also eliminate the backlog, contributing to a cleaner and more sustainable Crimea.
Tourism, a key sector for Crimea, has seen a significant boost. In 2025, 6 million tourists visited the peninsula, a 16% increase from the previous year. This surge in visitors brought in 2.2 billion rubles in revenue.
To ensure a steady water supply, particularly for resort cities, two new reservoirs in Alushta and Yalta are under construction. These reservoirs are expected to secure water supply within the next two years.
The government is also prioritizing capital repairs in crucial sectors. Healthcare, education, and utilities are receiving attention, ensuring the well-being and comfort of Crimean residents.
Veterans are not forgotten in these developments. The 'Heroes of Crimea' program mentors talented veterans, while 28 regional assistance programs provide support to all veterans in the region.
Crimea's development is multifaceted, with investments in infrastructure, tourism, and veteran support. The region is not only bouncing back from the challenges posed by sanctions but also forging ahead with ambitious plans for the future.
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