Development of the four season ski resort MESTIA, 2011

MESTIA – Hidden Treasure of Caucasus

Mestia, Central-West Caucasus, 1450 meters above 2 Ski lifts under construction the sea level surrounded by sub alpine pine and Situated high above the town of Mestia lies a beauti- chestnut forests and majestic mountains. ful alpine plateau which is the chosen location for the The area is an important cultural centre and contains new Atsvali Village Center. a number of medieval monuments, churches and Year around destination with winter ski-resort and forts which are on the list of UNESCO World Heritage summer outdoor related activities – skiing, Heli- Sites. skiing, climbing, snowboarding, horseback riding, 0HVWLD6SHFLéF0DVWHU3ODQSUHSDUHGE\LQWHUQDWLRQ- UDIWLQJéVKLQJKLNLQJKXQWLQJDQGHWF DOFRQVXOWDQWÛ(FR6LJQÖ0RXQWDLQ5HVRUW3ODQQHUVÜ 5HWDLOHG3URMHFW'HVLJQE\'*$'LHQHU*XLUDUG Architecture

Georgian National Investment Agency Tel: +995 322 433 433 [email protected] 1 www.investingeorgia.org Natural Conditions and Government Offerings

General Conditions:

The Mestia–Atsvali Study Area has good north slopes from WKH7RZQRI0HVWLDDWPHWHUVXSWRWKH$WVYDOL3ODWHDX at 1,880 meters with slopes then rising up to a mountain peak at 2,388 meters. Total vertical drop in Mestia is 988 meters, which would qual- ify for an Olympic or World Cup Men’s Downhill piste. Average temperature: winter –6.4°C / summer +16.4 °C Average number of daylight hrs – 12.56 hours/day

Description: 0HVWLD&RPSUHKHQVLYHÛ'HYHORSPHQW9LVLRQ*HQHUDO3ODQQLQJDQG6SHFLéF0DVWHU3ODQÜSUHSDUHGE\LQWHUQDWLRQDO FRQVXOWDQWÛ(FR6LJQÖ0RXQWDLQ5HVRUW3ODQQHUVÜ/WG&DQDGDDQG*HRJUDSKLF*HRUJLD /DQGIRUQRPLQDOSULFHÖVTP *(/FHQW Rehabilitated roads Mestia International Airport Development area available for hotel and residential multiple dwelling units in the form of townhouses, single family/ chalets and summer recreation homes. Reconstructed city centre 7KHQHZVNLFDEOHZD\FRQVWUXFWHGE\/HLWQHU3RPD,QF/HQJWKPHWHUV7KLV1é[HGJULSTXDGUXSOHFKDLUOLIW is currently being installed at a capacity of 1,000 passengers per hour. 7KUHHPDLQVNLWUDLOVDYDLODEOHZLWKGLIéFXOW\OHYHOVDYHUDJH PHWHUV DQGDERYHDYHUDJHVSRUWVVW\OH  PHWHUV 2 Ski lift under construction Georgian National Investment Agency Tel: +995 322 433 433 2 [email protected] www.investingeorgia.org Inside Mestia

,PSURYHGFRPPXQDOLQIUDVWUXFWXUH ZDWHUVDZDJHHQHUJ\  New road constructed from center of Mestia to the ski-station Reconstructed buildings in the city center 5HFRQVWUXFWHGKLVWRULFDQGDUFKLWHFWXUDOKHULWDJHÖÛ6YDQHWL7RZHUVÜ Improved general condition of the internal road 3ODQQHGH[WHQVLRQRIURDGUHKDELOLWDWLRQSURJUDPWRDFKLHYHKLJKHVW YLOODJHV 

Georgian National Investment Agency Tel: +995 322 433 433 [email protected] 3 www.investingeorgia.org Sokhumi 136 km

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Modern Infrastructure Easy Access

0HVWLD,QWHUQDWLRQDO$LUSRUWÛ.HQQ%RUHN$LUÜ 7%,/,6, ÖNPÖ&DSLWDORI*HRUJLD Flights operated by Canadian airline KUTAISI – 244 km International Airport – 136 km 1HZ3RWL,QWHUQDWLRQDO$LUSRUW E\ 327, Ö%LJJHVW3RUW ),= ÖNP 1HZ$QDNOLDÖ=XJGLGL$LUSRUW E\ BATUMI- 5HVRUWDQG(QWHUWDLQPHQW&HQWUHÖNP Kutaisi International Airport Zugdidi – Mestia rehabilitated road

Georgian National Investment Agency Tel: +995 322 433 433 4 [email protected] www.investingeorgia.org Tourism Trends in Georgia

*RYHUQPHQW3ROLF\WRZDUGV7RXULVP In Thousands Development: Free Touristic Zones in and Creation of an elite annual winter resort in Mestia Development of Spa Cities around Georgia Anticipated annual tourist growth of LQWKHQH[W\HDUV 12,000 Historical and Cultural monuments 103 Resorts and 182 Resort Areas 1DWLRQDO3DUNV 2400 Springs of Mineral Waters Curative Climate

Georgian National Investment Agency Tel: +995 322 433 433 [email protected] 5 www.investingeorgia.org Tourism Accommodations in Mestia

Main Hotels:

4 star hotel “Tetnuldi “ 34 rooms VWDUVKRWHOÛ0HVWLDÜURRPV 3 stars hotel “ “ 25 rooms Over 45 Guest Houses in the villages Totally: 429 number of beds Accommodation price range for single room Ö*(/ Basic tourist information: Transportation – SUVs and mini busses available Guided cultural tours and sports routes Different Museums: Mestia Historical–Ethnographic 0XVHXP +LVWRULFDOÖ (WKQRJUDSKLF 0XVHXP 8VKJXOL EUDQFK HWF +LVWRULFDO 6LWHV Ö 3URWHFWLYH Û6YDQÜ 7RZHUV FRPH IURP the early middle ages and are on the list of UNESCO World Heritage Sites. They were primarily used as de- fensive structures during invasions. Most of these tow- HUVDUHPHWHUVWDOODQGKDYHêRRUV

Georgian National Investment Agency Tel: +995 322 433 433 6 [email protected] www.investingeorgia.org Four Season Mestia Development Mountain Resort Concept

Combination of favorable natural conditions and infrastructure create conducive environment for the development of Mestia. The concept of the resort area consists in combining winter and VXPPHUUHFUHDWLRQWKURXJKWKHH[SDQVLRQRIDQLPSURYHGVNL and snowboarding area in winter with riding, rafting and other summer recreational activities. 7KH UHVRUW 9LVLRQ 0DVWHU 3ODQ LV GHYHORSHG DQG GHVLJQHG E\ &DQDGLDQFRPSDQ\Û(FRVLJQÜPRXQWDLQUHVRUWSODQQHUVZLWK \HDUVH[SHULHQFHLQWKLVLQGXVWU\ Mestia has a great potential to become a place for year– round fun and adventure. The Mestia-Atsvali Resort Concept has been proposed in Resort guests and day use visitors can spend holiday and two main locations. The ski area and the new Alpine Village vacation time in a unique environment that offers a wide area proposed in Atsvali, and an additional village and base variety of seasonal, active and passive is proposed near Mestia Town. recreation and leisure activities A detachable gondola or a pulse gondola with 4 groups of Summer in Svaneti offers an array of stunning land- 3 eight passenger cabins per group could act as a “people- VFDSHVOXVKDQGZLOGêRUDUDUHZLOGOLIHêRZLQJULYHUV PRYHUÜWRFRQQHFWWKH7RZQRI0HVWLDZLWKWKH$OSLQH9LO- tranquil lakes and big blue skies. ODJHDW$WVYDOL3ODWHDX During the summer this gorgeous setting A resort base will include hotels, ancillary commercial fa- presents countless opportunities for outdoor fun and cilities, day-use parking, training center, residential multi- adventure, including hiking, horseback riding, rafting, ple dwelling units in the form of townhouses, single family/ éVKLQJKXQWLQJFDPSLQJH[HUFLVHVLQQDWXUHDQGPRUH chalets and summer recreation homes. 3URSRVHGDFWLYLWLHVIRUZLQWHUVHDVRQDUH+HOLVNLLQJ  Total Net Base Development Area is 96.8 Ha. free-ride, downhill skiing, snowboarding, snow tubing, The Mestia-Atsvali Resort Base could generate a total of Nordic spa, ice skating, climbing, kid’s snow play zone, over 9,000 skiers from parking and overnight accommoda- free-style snow parks and etc. tion, which balances with the mountain SCC of 9,000.

Georgian National Investment Agency Tel: +995 322 433 433 [email protected]  www.investingeorgia.org Base Development Area

The Mestia-Atsvali zone has 8 terrain pods, which have the potential to service DSSUR[LPDWHO\VNLHUVVQRZERDUGHUVSHUGD\ In order to develop this area at least 14 hectares of base lands would be re- quired. Resort base area development includes access roads, overnight accommoda- tion, commercial space, day-use parking and village pedestrian space.

%DVH/DQG8VHDFFRUGLQJWRW\SHV 9LOODJHÖ+D1XPEHURI%HGV Main staging zone for skiing, as well a center for shopping, restaurants, pedestrian space and other resort activities. building height is limited to 4 WRêRRUVDQGWKHJURXQGOHYHOLVUHVHUYHGIRUQRQDFFRPPRGDWLRQXVHV 0XOWLIDPLO\WRZQKRXVHVÖ+D1XPEHURI%HGV Attached walk-up units that have their own garage or surface parking DUHD7RZQKRXVHVFDQEHXSWRêRRUV 6LQJOHIDPLO\FKDOHWVÖ+D1XPEHURI%HGV 3ULYDWHO\RZQHGGHWDFKHGXQLWV 6XPPHUUHFUHDWLRQKRPHVÖ+D Nordic facility – 30Ha ,QFOXGHVDPHQLWLHVVXFKDVDVSRUWDQGéWQHVVFHQWHURUFURVVFRXQWU\VNL- ing center and training facility. Day use parking – 3.8Ha Day visitors arrive by car or bus to the resort’s parking lots from where they can access the resort’s recreation facilities and commercial amenities

Georgian National Investment Agency Tel: +995 322 433 433 8 [email protected] www.investingeorgia.org Ski Resort Summary

Winter/ski season lasts for 5 month, from December to April. $YHUDJHWHPSHUDWXUHLQZLQWHUÖ  r& Average Number of Daylight 12.56 hours/day 7RWDO6NLDEOH$UHD +HFWDUHV KD Total Vertical Drop - 988 meters Highest Elevation - 2300 meters /RZHVW(OHYDWLRQPHWHUV 7RWDO1XPEHURI6NL/LIWV SCC - 9 000 Total Hourly Capacity - 13 242 7RWDO970+U  

The Atsvali ski area mountain development concept, at build-out, will have a total of 6 major lift systems for skiing including a double SODWWHUOLIWDQGéYHGHWDFKDEOHTXDGUXSOHFKDLUOLIWV $IWHUFRQVWUXFWLRQOLIWVZLOODFFRPPRGDWHDWRWDORIDSSUR[LPDWHO\ 9,000 skiers at one time. Two moving carpets would be installed in a beginner/teaching zone. 7RWDO6NLHU6HUYLFH)ORRU$UHDZLOOEHVTXDUHPHWHUV

Georgian National Investment Agency Tel: +995 322 433 433 [email protected] 9 www.investingeorgia.org Accommodation and Base Staging Capacity

0(67,$$769$/, Total Area Net Dev. Area Ha. Number of Beds Number of Skiers Mestia Base :LWKLQ6NLHU:DONLQJ'LVWDQFH :6:' MB1-MB4 19.0 14.9 3 860 2 038 2XWVLGH6NLHU:DONLQJ'LVWDQFH 26:' MB5-MB11 35.8  3 956 1 089 Total Mestia Accommodation Base 54.8 42.3   3DUNLQJ 2 665 0HVWLD%DVH&DSDFLW\ :6:'  Atsvali Base :LWKLQ6NLHU:DONLQJ'LVWDQFH :6:' AB1-AB9 44.8 33.9  3 399 Ski-in/ski-out AB10 3.8 2.9 228 55 Summer Recreation Homes AB11-AB12   1422 Total Mestia Accommodation Base  54.5  3 454 3DUNLQJ 3 589 $WVYDOL%DVH&DSDFLW\ :6:' 6NLLQVNLRXW  Total Mestia/Atsvali Accommodation Base  96.8 16 529 6 581 7RWDO0HVWLD$WVYDOL%DVH&DSDFLW\ :6:' 9 081

Georgian National Investment Agency Tel: +995 322 433 433 10 [email protected] www.investingeorgia.org Georgian National Investment Agency Tel: +995 322 433 433 [email protected] 11 www.investingeorgia.org Glossary

7KHVNLLQGXVWU\KDVDQXPEHURIWHUPVDQGWHFKQLFDOMDUJRQVSHFLéFWRVNLDUHDGHYHORSPHQWKHQFH a glossary is provided: 6NLHU &RPIRUWDEOH &DUU\LQJ&DSDFLW\ 6&& Ö7KHQXPEHURIVNLHUVVQRZERDUGHUVWKDWDJLYHQVNL area can comfortably support on the slopes and lifts without overcrowding, or those that may be ac- FRPPRGDWHGDWRQHWLPHDQGVWLOOSUHVHUYHDFRQJHQLDOHQYLURQPHQWZKLOHSURYLGLQJDTXDOLW\H[SHUL- ence to each skier ability level. 7HUUDLQ3RGÖ$FRQWLJXRXVDUHDRIODQGGHHPHGVXLWDEOHIRUVNLOLIWDQGWUDLOGHYHORSPHQWGXHWRLWV VORSHJUDGLHQWVH[SRVXUHDQGIDOOOLQHFKDUDFWHULVWLFV &RPIRUWDEOH6NLHU:DONLQJ'LVWDQFHÖGHéQHGDVWKHGLVWDQFHDSHUVRQZDONLQJLQVNLERRWVDQGFDU- U\LQJVNLHTXLSPHQWFDQFRPIRUWDEO\ZDONLQPLQXWHV$ZDONLQJVSHHGRINLORPHWHUVSHUKRXU PV LVDVVXPHGZKLFKWUDQVODWHVWRPHWHUVRYHUOHYHOJURXQG Total Staging Area – the total amount of base area staging terrain required to provide adequate shel- ter, parking, congregation and snow play areas, and maintenance and utility compounds. 970+RXU   9HUWLFDO7UDQVSRUW0HWHUV3HU+RXU Ö7KHQXPEHURISHRSOHOLIWHGYHUWLFDO PHWHUVLQRQHKRXU YHUWLFDOULVHRIDOLIWWLPHVWKHOLIWFDSDFLW\SHUKRXUGLYLGHGE\ $QDUHDÙV total VTM, is the sum of VTM for all lifts. Available Ski Terrain – net developable terrain within the pod. It is assumed that pods will be able to support skiing on 30 percent of the useable terrain within the pod depending on topography, as well as the shape of the pod. 3DUNLQJ$UHDÖDVVXPLQJVNLHUVSHUYHKLFOHDQGVTXDUHPHWHUVRIJURVVODQGDUHSHUYHKLFOH

Georgian National Investment Agency Tel: +995 322 433 433 12 [email protected] www.investingeorgia.org CONTACT INFORMATION

George Tsikolia - Deputy Director Tel.: +995 322 106 392 E-mail: [email protected]

Zurab Zedelashvili ,QYHVWPHQW3URMHFWV&RRUGLQDWRU Tel.: +995 322 433 433 E-mail: [email protected]

Georgian National Investment Agency Ministry of economy and sustainable Development of Georgia 12 chanturia str. 0108 , Georgia Tel.: +995 322 433 433 E-mail: [email protected] Georgian National Investment Agency 12, Chanturia Street, 0108, Tbilisi,Georgia www.investingeorgia.org 7HO)D[ E-mail: [email protected]