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Sheregesh Tourist & Sports Complex

Short overview
Region
City/town
Sheregesh
Project description
The complex is located on the territory of a unique natural preserve of Gornaya Shoria that has been dubbed the "Siberian Switzerland".  
The project envisions an all-season international-level tourist complex in the Kemerovo region. In the wintertime it will be the largest entertainment and skiing complex beyond the Urals, and in the wintertime a destination for sports and recreational tourism with elements of spa treatment.
Unique features of the project
The new complex will be built on the southern slope of the Zelionaya Mountain [Green Mountain] on a territory of about 6,800 hectares. It envisions ski runs with a combined length of 50 kilometers, 5 cableways, several hotels accommodating 5,000 guests, restaurants and cafes.
Estimated cost of the investment project (Euros)
437 028 000
Shareholders' own resources (%)
49.5
Borrowed resources (%)
50.5
Availability of design estimates (yes or no)
yes
Company name
Winter Sports Assistance Fund Director: Varlam A. Abzianidze
E-mail
fszvs@mail.ru
varlami7@mail.ru
Type of the project
Hotels and recreation. Culture
Detail overview
GENERAL INFORMATION
Region
Company name
Winter Sports Assistance Fund Director: Varlam A. Abzianidze
Municipality, City, District
Sheregesh village, Tashtagol District
Brief positioning of project
Creation of year-round tourist complex of international level in Kemerovo Region. In winter, it will be the largest sports and entertaining mountain ski complex beyond Ural Mountains, in summer it will a place for sports and recreation tourism. Social effects: ) Creation of new jobs: for 4124 persons; b) Social and economic development of Tashtagol District Municipality; c) Development of related industry branches; d) Diversifying of the regional industry (development of branches not related to prime materials); e) Preservation of native indigenous people, Shorets, and use of their craft activity.
PLOT
Site TYPE
Unoccupied land
Enterprise (organization) name owner name
Winter Sports Promotion Foundation Nonprofit Partnership
Legal address
9 Bol. Kislovsky Per., Office 1, Moscow 125009
Telephone
+7 495 9568430, +7 495 9568424
e-mail
fszvs@mail.ru; varlami7@mail.ru
Contact Person (Full name)
Abzianidze, Varlam Amiranovich
Office
Director
Telephone
+7-495-95684-30
contact persons e-mail
varlami7@mail.ru
Registered address of the site
Sheregesh village, Tashtagol District, Kemerovo Region
Area
1574 ha
Property category of land and buildings
leasehold
Extension options
yes
LOCATION
Nearest Industry and/or infrastructure objects
Gorno-Shorsky Branche of OAO Evrazruda
Prom: Distance to them (km)
15
Adjacent objects
Shorets National Park State Enterprise
Natural Distance (km)
1
Adjacent other objects
Tazgol, open-air ecological museum
Other: Distance to them (km)
15
Adjacent residential buildings
7
Restrictions
no
Remoteness
Center of the constituent subject
400
Nearest Millionaire City
Novosibirsk
millionaire city distance km
560
Municipality education building
Sheregesh village
municipality distance, km
7
Highways
M-53
highways distance, km
474
Railways
Tashtagol
railways distance, km
15
Airports
Tashtagol
airports distance km
20
OWN TRANSPORT FACILITIES
Communication type (motorway)
yes
Communication type (railway branch)
yes
Communication type (port, landing stage)
yes
Communication type (post/telecommunications
yes
BUILDING
Residential development
28 000
Residential development, Economy class, sq. m
15 000
Residential development, Business class, sq. m
3 000
Residential development, Exclusive class, sq. m
1 000
Residential development, Cottages, sq. m
8 000
Residential development, Townhouses, sq. m
1 000
Commercial development, total
30 000
Commercial development, Hotels, sq. m
14 000
Commercial development, Offices, sq. m
6 000
Commercial development, Warehouses, sq. m
3 000
Commercial development, Entertainment, sq. m
7 000
PROJECT INVESTMENT COSTS
Concept development design
yes
Comment
Project master plan by Ecosign Moutain Resort Planners Ltd, Canada
Preparation of design and estimate documentation (
yes
Comment
Geological surveys prepared as required
Preparation of design and estimate documentation (
yes
Comment
Architectural concept of Resort development has been developed, including exterior of buildings and structures, small forms, embankment, etc.
Preparation of design and estimate documentation (
yes
Preparation of design and estimate documentation (
yes
Comment
Working designs is available for the first stage of erecting buildings and structures.
Preparation of design and estimate documentation (
yes
Comment
All initial permitting documentation, including land lease, has been obtained.
Expert examination of design and estimate document
yes
Comment
Expert opinion issued by State Expertise Agency of Russia for Kemerovo Region No, 356-8/240 dd. September 08, 2006, in respect to feasibility study of Sheregesh tourist complex in Kemerovo Region and cover note No. 335 dd. August 08, 2006.
Execution of construction and assembly works
yes
Comment
First stage of the resort is under construction
Supervision of construction and assembly works
yes
Financial consultants services
no
Repayment of interest on credit
no
Project costs (office services, sales, salaries)
yes
ECONOMIC INDICATORS
Revenue from sales of areas (RUR, millions)
5 620,00
Shareholders' own resources (%)
49,5
Borrowed resources (%)
50,5
NPV (RUR, millions)
1833,7
Payback time, years
5,2
IRR , %
12,9

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