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Economy Ministry approved five investment projects
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29.07.2015 15:59
Working Group on primary selection of investment projects under the Ministry of Economy of the Republic of Abkhazia considered six business plans.
Sukhum. July 29. Apsnypress. Department of foreign economic relations and investment policy of the Ministry of Economy submitted following projects:
1. Creating a hothouse on the area of 2 hectares. (Tomatoes, cucumbers, lettuce), "Eco-vegetables Abkhazia", Gulripshi.
2. Production of semi-finished products, pancakes, pasta and bakery products, "Zodiac" Gagra.
3. Farm for the production of laurel, OOO «RTI», Gali district.
4. Construction of the hotel "Grand Hotel-Sukhum" with a restaurant and spa, "Grand Hotel-Sukhum", Sukhum.
5. Production of agricultural products (jams and preserves), OOO "Abkhazian gardens", Aradu.
6. Creation of a hotel complex "Chegem", LLC "Bird", Gulripsh.
The initiators personally presented their projects to the working group, opened a business idea and answered specific questions.
After getting acquainted with investment projects, the working group decided to support five of them. The businessman with the project "Eco-vegetables Abkhazia" was offered to lead a business plan in line with all the necessary criteria and to submit it for review.
Approved projects will be sent to LLC "Investment Agency", Moscow, where will a final decision.
The approved investment projects:
1. Name of the project - a farm for the production of laurel.
Founders - I.M. Zarandia, L.M. Zarandia.
The total volume of investments - 45.9 million rubles.
The amount of own funds - 5.9 mln rubles (10%), the amount of borrowed funds - 40 mln rubles (90%).
Payback period - 4 years.
2. Name of the project - the production of semi-finished products, pancakes, pasta and bakery products.
Founder - A.A. Kondzhariya.
The total volume of investments - 69.4 million rubles.
The amount of own funds - 6.9 million rubles (10%), the amount of borrowed funds - 62.4 million rubles (90%).
Payback period - 3.5 years.
3. Name of the project - construction of the hotel "Grand Hotel-Sukhum" with a restaurant and spa.
Founder - O.I. Kakalia.
Total investments - 133 million rubles.
The amount of own funds - 45 mln rubles (34%), the amount of borrowed funds - 88 million rubles (66%).
Payback period - 4.5 years.
4. Name of the project - the production of agricultural products (jams and preserves).
Founder - I.A. Buava.
The total volume of investments - 75.6 million rubles.
The amount of own funds - 17 mln rubles (22%), the amount of borrowed funds - 58.6 million rubles (78%).
Payback period - 3.5 years.
5. The name of the project - the creation of a hotel complex "Chegem".
Founder - L.B. Tsiba, A. Sh. Gitsba.
The total volume of investments - 55 million rubles.
The amount of own funds - 5.5 mln rubles (10%), the amount of borrowed funds - 49.5 million rubles (90%).
Payback period - 4 years.
The working group includes Deputy Prime Minister Dmitry Serikov, Minister of Economy Adgur Ardzinba, Deputy Head of the Presidential Administration Astamur Appba, Finance Minister Amra Kvarandziya, Agriculture Minister Timur Eshba, deputies of the People's Assembly of the Parliament - Georgiy Agrba, Ahra Bzhaniya and Guram Bargandzhiya.
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