7 all-season tourism and recreation complexes, 1 coastal cluster and 1 balneological cluster

2. Russian Federation
Launched
Free Tourism Zones
>
Visitors in 15/16 season
Creation of a tourism cluster
in the North Caucasus region
>
Committed

3. ( )

4. -
-
-
**
**
*
**including Southern Federal District
*2013*2016 *2013

5. Tourism-recreational free
zones are under JSC NCR
management
>>
( )
( - )
( )

8. (international airport)
/ 3 hours
/ 4 hours
/ 1 hour
(planned)
( )

9. -

10. -

11. km of slopes
lifts
* beds
* km of slopes
lifts
beds
Acting Resort
>2 years in operation
> thousand visitors
in the 15/16 season
*incl. freeride
villages villages
* 400 beds under development
* 1600 low quality beds

13. Total – 554 beds
Approx. сapex – € 11 000 000
Approx. payback period – 4,5 years
( )
Restaurant
Semi-detached houses Chalets
Spa Centre

14. Total – 2 147 beds
Approx. Capex – € 35 600 000
Approx. payback period – 6 years
(Greenfield investments)
( )

15. ( )
Total – 6 944 beds
Approx. Capex – € 130 000 000
Approx. payback period – 7 years
(Greenfield investments)

16. Total – 2 147 beds
Approx. Capex – € 40 000 000
Approx. payback period – 6 years
-
( )
(Greenfield investments)

17. /

18. % % ( %)
% %
% %
% - %
% –
% –
% –
-
- %

21. 21

23. - “ ”
+ ( ) -
+ ( ) -
-
//