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1 USD ($ USD) = rub.
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Construction and operation of a 4-star hotel complex (Caucasus Hotel) in Grozny

Short overview
Project description
Х project initiators are duly competing all bureaucratic procedures needed for large-scale design and land survey operations;
Х a preliminary technical examination of the territory has been completed;
Х an architectural concept of the hotel complex has been prepared;
Х potential providers of design, repair and construction services and competitive bidding participants have been selected;
Х companies wishing to provide hotel management and ensure sufficient occupancy have been selected;
Х expert evaluation of the volume of one-time expenses and operating costs under this business plan has been completed.
Unique features of the project
Х situation in an historic part of the city;
Х backing from the municipal administration;
Х no need to purchase the land plot allotted for the hotel complex (long-term lease is offered). The territory may be privatized upon completion of construction.
Estimated cost of the investment project (Euros)
14 147 000
Shareholders' own resources (%)
Borrowed resources (%)
Availability of design estimates (yes or no)
An investment project developed by the Direct Investments Institute, Moscow
Company name
Housing and Utility Infrastructure Ministry of the Chechen Republic, Republican Hotel Business state unitary enterprise
Type of the project
Hotels and recreation. Culture

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