Tatarstan President meets with executives of Radiance Hospitality Group

On March 6 at their meeting during the forum “Invest in Tatarstan” Tatarstan President Rustam Minnikhanov and executives of Radiance Hospitality Group discussed issues related to the implementation of the project on the construction of hotel and office center at Smart City Kazan as well as other projects.

The Singapore Radiance Hospitality Group will be the investor of the construction and operator of the hotel and office complex as well as the University of tourism and hospitality at Smart City Kazan.

To the point, yesterday RHG and Sberbank signed a preliminary agreement on financing the hotel construction within the framework of the forum “Invest in Tatarstan”.

Chief Executive of Tatarstan Investment Development Agency Linar Yakupov reported on the progress of the project implementation. The hotel complex will consist of two 20-storey buildings with an area of 20,000 m² each.

In addition, issues related to establishing the University of management and tourism were discussed at the meeting. The executives of the Singapore company told about their intention to open the University before building the facilities in Smart City Kazan. Rustam Minnikhanov asked to find appropriate facilities in this regard.