Construction of 3 Star Hotel Complex* — The Republic of Sakha (Yakutia)

Investment indicators

Project budget 1,447,800 thousand rubles	1,447,800 thousand rubles
Need for external investment 1,158,240 thousand rubles 80.0% of the project budget	1,158,240 thousand rubles 80.0% of the project budget
Form of required financing Equity holding / acquisition of a stake Debt financing / bank loan	Equity holding / acquisition of a stake Debt financing / bank loan
IRR 15.5%	15.5%
NPV 389,233 thousand rubles	389,233 thousand rubles
PBP 139 months	139 months

Parent company

JSC Republican Investment Company

Project implementation

Estimated project start date 2020	2020
Estimated operating power date 2023	2023

Current stage of implementation

Pre-design documentation and preliminary financial model have been developed
Marketing research has been conducted

Social and economic efficiency of the project

Information on project support from federal and regional ministries and departments

Cooperation with ANO Far East Investment and Export Agency and SBI Agency for Attracting Investment and Export Support of the Republic of Sakha (Yakutia).

It is planned to obtain a land plot without bidding in accordance with the Procedure for granting land plots for the implementation of large-scale investment projects, approved by Decree of the Government of the Republic of Sakha (Yakutia) of September 13, 2016 No. 329 On approval of the procedure for making a decision on the compliance of socio-cultural and municipal sites, large-scale investment projects with the criteria established by Chapter 3.1 of the Land Code of the Republic of Sakha (Yakutia), to place (implement) which it is allowed to provide land plots in state or municipal ownership for lease, without bidding and recognizing as invalid certain legal acts of the Government of the Republic of Sakha (Yakutia).

Region

The Republic of Sakha (Yakutia)

Industry

Accommodation and food service activities, entertainment and recreation

Industry

Accommodation and food service activities, entertainment and recreation

Project type

Rendering of services

Project budget

1,447,800 thousand rubles

Need for external investment

1,158,240 thousand rubles

Form of required financing

Equity holding / acquisition of a stake
Debt financing / bank loan

Project description

Construction of a 3-star hotel complex with 150 rooms with administrative offices, conference rooms, press center, restaurant, cafe, and service companies

Description of project services and / or products

Providing hotel services
Land plot area: 5,743 sq. m
Number of stories: 9
Total number of rooms: 150

Сontacts of the regional development institute

State Budgetary Institution Agency for Attracting Investment and Export Support of the Republic of Sakha (Yakutia)

Aleksandra Vladimirovna Bulatova

+7 (914) 267-57-66

[email protected]

Project company

tuymaada.ykt.ru