The State Duma intends to involve small and medium-sized businesses in the development of tourism in the Russian Federation

The State Duma of the Russian Federation will hold a round table on attracting public-private partnership (PPP) tools for representatives of small and medium-sized businesses (SMEs) to implement infrastructure for tourism projects on July 23 at the House of Unions. The corresponding request was obtained by Izvestia.

The initiative will be discussed by the State Duma Committee on Small and Medium Entrepreneurship together with the lower house committee on tourism and the development of tourist infrastructure.

"The tourism sector, without a doubt, is another growth point that needs to be developed. At the same time, the number of projects is growing every year," Natalia Poluyanova, a member of the State Duma Committee on Small and Medium Entrepreneurship, told Izvestia.

For example, in 2023, more than 1 trillion rubles worth of corresponding contracts were signed, with over 300 trillion rubles of major agreements executed, the deputy clarified. More than 60% within public-private partnerships are private investments, Poluyanova said.

"The 'round table' will be dedicated to mechanisms — these are exactly what are needed now in order to become an existing growth point of actual public-private partnership agreements... Previously, there was no such regulation," she noted.