YALTA, July 2 – Over 20 large investment projects worth some $500 million are being realized in Yalta, Yalta Mayor Serhiy Ilash said.

"Mainly these are projects on the creation of shopping, entertainment and hotel complexes, the reconstruction of tumbledown residential buildings and the construction of recreation facilities," he said.

The mayor said that the realization of the largest five image-making investment projects worth over $72 million has been successfully finished.