The Moscow region's Culture Ministry is seeking private investors to restore and run crumbling tsarist estates
Public-private partnerships (PPPs) in Russia are moving away from a traditional focus on large infrastructure projects toward more modest, regional-based activities, participants at a conference said this week.
The restoration of the Moscow region's 103 tsarist country estates--many of which are crumbling--is a top priority, Deputy Culture Minister Svetlana Gorushkina said at the conference, organized by the Association of European Businesses. Unable to afford to develop the sites themselves, she said, the ministry is seeking private investment through PPPs.
A ruined 17th-century palace more than 100 kilometers from Moscow, Puschino-on-Nara is one of the targets. If the estate were restored Gorushkina said, "it would be appropriate for use as a vacation home or a resort."
© The Moscow Times. 16 October, 2011