1
Investment
volume
240
mln. р
Payback
period
5
years
Development
of a Health-Improving Complex
on Lake Medvezhye

The project concept comprises a restaurant for 300 people; construction of hotel buildings for 60 rooms of different categories from standard to family ones for up to 220 people; construction of 10 apartment houses with separate entrances and terraces for up to 50 people; sports and health-improving complex (a 25-meter long swimming pool with children’s area and slides, a fitness center, gym, spa area); a bath complex with open plunge pools; development of infrastructure for active and passive recreation on the territory of the healthcare center; infrastructure development related to construction and landscaping at the place of implementation of the investment project; ski lodge with rental facilities.

State support:
– Provision of a land plot for lease without tender procedures in order to implement large-scale investment projects with the subsequent purchase option
– Soft lending up to 5 million rubles at 0.1% per annum
– Grant support of up to 50% of costs for inventory purchase and construction of tourism facilities
– Guarantees on bank loans, 50% of the loan amount, but not more than 17.5 million rubles.
– Subsidy of equipment leasing up to 15%
– Reimbursement of 50% of expenses for infrastructure construction (as part of implementation of RF Government Resolutions No. 1704 of 19.10.20 and No. 194 of 15.03.16).
– Target loan at 5% per annum for PSEDA residents. The amount is from 5 to 1,000 million rubles, 0% per annum (for loans up to 250 million rubles) and 5% per annum (for loans over 250 million rubles).  The term is up to 15 years

Economic feasibility:
1) The volume of tourist flow on average is more than 150 thousand people per year
2) By 2025, it is planned to increase the tourist flow by more than 30 %
3) The water of the lake is comparable in its healing properties to the Dead Sea (Israel). The large water surface of the lake creates a special microclimate in summer (dry air saturated with salt ions), which is useful for health improvement (mineralization of mud solution is 241.9 g/l, iron sulfide content is 180 mg per 100 g of silt)
4) The brine of the lake (sulfate-chloride magnesium-sodium type with mineralization of 156-360 g/l)
5) Mineral water «Medvezhye-11» (therapeutic-table sodium chloride water with a mineral concentration 6.5 g /l)