GPM – Gagra Resort Development – Abkhazia - Project Profile
"GPM – Gagra Resort Development – Abkhazia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Gagra Park Marina Ltd (GPM) is undertaking the construction of a resort in Gagra resort city, Abkhazia, Caucasus region, Russia.
The project involves the construction of a sea beach resort on 100, 000m2 area. It also includes the construction of hotels and recreational facilities.
The project will be developed in two phases.
The project will be implemented as a state-private partnership, with the government largely fulfilling organizational and regulatory functions.
From whole investment, up to 20% of the funds provided by Russian private investors. The preliminary design concept seaside resort Vnesheconombank approved. The company NEO "Center" is already developing a financial model and business plan of the resort.
As of August 2015, GPM is in the process to extend land lease agreement.
The project involves the construction of beach resort on black sea coastal, Gagra city, Abkhazia, Caucasus region, Russia.
The US$115 million project includes the following:
1. Construction of resorts
2. Construction of a hotel
3. Construction of recreational facilities
4. Construction of retail space
5. Development of sea bayReasons To Buy