Tethys Aktau II LLP

Investment project Construction of a multifunctional hotel and tourist complex in Aktau (2nd stage)

Tourism

Funding status: Guarantee status: For administration

Information about Tethys Aktau II LLP

Name of the project

Investment project Construction of a multifunctional hotel and tourist complex in Aktau (2nd stage)

Description of the project

Investment project Construction of a multifunctional hotel and tourist complex in Aktau (2nd stage)

Borrower Development Bank of Kazakhstan JSC

Tethys Aktau II LLP

Final beneficiaries
FTG GAYRIMENKUL YATIRIM TURİZM MADENCİLİK VE İNŞAAT SANAYİ TİCARET ANONİM ŞİRKETİ JSC (participant is  Fettah Tamince); Kazakhstan Investment Development Fund (KIDF) (AIFC - NB RK)

Products and services

Theme park services. Entertainment services

Project financing structure

Project cost

49,2 bln ₸

Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies

16,69 bln ₸

Borrower's own participation

31 bln ₸

Participation in project financing of other creditors

Not provided

Conditions for the provision of a financing instrument for Development Bank of Kazakhstan JSC

Funding currency

Kazakhstani KZT

Financing instrument type

Medium and long-term lending for investment projects

Remuneration rate

15% * per annum

Loan term

20 years

Sources of financing

Own funds of Development Bank of Kazakhstan JSC, borrowed funds

Additional Information

Address

Aktau