In terms of being saturated with banking institutions and the main indicators of their work the Tyumen Oblast is amongst the five best developed areas in Russia. There are more than 40 credit organisations and 160 branches registered in the region.
More than 50 hotels cater for the Oblast's visitors; many of these hotels conform to the European service standards. Foreign developers show interest in the construction of hotels in the capital of the Tyumen Oblast. Radisson SAS is building a hotel here at the moment. There are plans for the construction of a multifunctional high class complex Atlantis House. For the nearest future in the Tyumen Oblast there are plans for the implementation of the whole range of investment projects concerned with the development of the hotel and resort business. There are plans for the construction of small hotels and motels in the municipalities of the Oblast and along the highways to offer services to the transit traffic.
The Tyumen Oblast has a strategically advantageous location and serves as a connecting link between the western and the eastern parts of Russia, the oil and gas North and the Industrial Urals. The Trans-Siberian Railway and highways of the nationwide significance go through the territory of the Oblast; these connect Tyumen with Ekaterinburg, Omsk, Kurgan, and Khanty-Mansiysk.
The total construction spending amounted to 77.7 billion roubles in 2008 in the Oblast as a whole. A theatre sitting 795 spectators, general education establishments for 1525 students have been commissioned. There has been built 27.4 thousand square metres of retail premises. New companies producing bakery and full fat dairy products, sawn timber, and joinery products have begun operating. There has been built 128 kilometres of gas supply pipeline networks, 43 kilometres of hard surface roads, 7 bridges and many other things.
The development of the economy of the region promotes the growth in offers of all the modern communication services. Internet, terrestrial radio channels with mobile entities including cellular communications are acquiring particular importance. Automatic telephone connections are established with all Russian regions and with many foreign countries.
In 2008 the retail sales amounted to 164.5 billion roubles which is 21.4% higher, in comparable prices, than in 2007. Large international outlet chains - Metro Cash & Carry, and others - opened their stores on the territory of the Tyumen Oblast.
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