"EKTA" Ltd will invest 99 million of rubles in the construction of a hotel in Nizhny Novgorod Oblast. It has been announced by Dmitry Svatkovsky – the deputy governor and board of Investment of Nizhny Novgorod Oblast on November 18th. In an interview with the deputy head of the oblast it has been noted that 10 new hotels of two or three stars are required for the reducing of the hotel room shortfall. "We've got all the investors there is no misunderstanding everything's clear. The main thing now is that they have to fulfill their obligations," - says Svatkovsky. Read more.