recreation area on the shore of the volga river

Recreation area on the shore of Recreation area on the shore of

the Volga riverthe Volga river

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Recreation area on the shore of the Volga river

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Development of tourism in the Chuvash Republic

Advantageous geographic location and high population density

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Presence of holding companies in the region - development of business tourism

Solvent consumers of tourist services

Development of tourism, sports and health

infrastructure, recreation areas

Well-developed transport infrastructure

Existence of environmental and cultural heritage in the region

Developed social and cultural infrastructure (different events)

Favorable climate and environmental conditions

Health resort complexes and recreation centers

Health resort complexes (more than 20):The distance to Cheboksary 10-25 kmTaxi expenses 300-400 roublesCost of accommodation 850-6500 RUR per dayServices: 3-5 meals daily, treatment, deluxe roomsLeisure: horseback riding, swimming-pools, vapour baths

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Recreation centers (more than 20):The distance to Cheboksary min. 25 kmRent payment for house min. 700 RUR per dayServices: mealsLeisure: boats, fishing rods, barbecue, sports grounds

Complex location

The distance to the nearest cities:Cheboksary 26 kmKazan 150 kmNizhny Novgorod180 km

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Infrastructure facilities:Ilyinka settlementIlyinsky quay (the Volga river)Bus stop (5 minutes)Road from the recreation center to highway has asphalt pavement

Services offered

Seasonal services Rest on the beach Alpine skiing track Training sport centre (skiing, orienteering,

etc.) Tours by water with «green» stands Pick of mushrooms, berries, fishing

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Year-round services Health and recreation services The place for holding congress, scientific,

educational, sports events, festivals Organization of tours (Kazan, Nizhny

Novgorod, Cheboksary, The Raifa Monastery, local history museums, architectural monuments, ethnographic settlements, archaeological relics, etc.)

Model of recreation area structure

Residential area (rowhouses, terraced houses) Hotel area (hotel, recovery and health building) Recreation area (swimming-pools, play and sports grounds, boat station with two landing

docks for yachts, launches and waverunners, summer theater, barbecue, summerhouses) Administrative area (hair salons, shops, maintenances, etc.) Area of engineering constructions

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Advantages of the project: Object is located on ecologic preserved area – recreation area of the

Chuvash Republic Sandy beach on the Volga river Availability of a waterway for organisation of yacht and motorship moorage High population density in the region (10 mln. within the radius of 500 km) Developed transport infrastructure Tending for domestic tourism development

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Risk factors:Increase of prices for construction materialsRisks in rated calculations of the tourist stream Commercial risks (correlation of demand for services and service cost)Competition with similar institutions (more then 30 sanitaria and health complexes and recreation centers in the Chuvash Republic)Increase in payback period of investment

Lifting 30% of restrictions on transfer of losses to the coming tax periods

Opportunity of using special index to the main depreciation rate in respect of fixed assets

Reduced income tax rate can be fixed

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Privileges for the recreation area residents

Investors are invitedInvestors are invited

Corporation of Development of the Chuvash Republic, JSCGeneral director – Anatoly Danilov Email: anikdan@mail.ruTel: (8352)62-05-50