Sadu Development LLP
Ski & Spa Resort Tourist Base
Tourism
Funding status: Guarantee status: On financing
Information about Sadu Development LLP
| Project name | Ski & Spa Resort Tourist Base | |
| Project description | Construction of the Ski & Spa Resort tourist base with a range of services for organizing leisure activities for the population and guests of the city, as well as holding cultural events on a commercial basis | |
| Borrower Development Bank of Kazakhstan JSC | Sadu Development LLP | |
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Final beneficiaries |
Kozhasbai Yerlan | |
| Products |
Hotel complex services, catering and accommodation services
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| Structure of project financing | Project cost | 13 bln ₸ |
| Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies | 8 bln ₸ | |
| Borrower's own participation | 5 bln₸ | |
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| Terms of granting the financing instrument of Development Bank of Kazakhstan JSC | Funding currency | Tenge |
| Type of financing instrument | Non-revolving credit line | |
| Rate of remuneration | 6.5% per annum, fixed | |
| Loan term | up to 144 months, but not more than the term of the Agreement on opening a credit line | |
| Funding source | The program of financing projects in the tourism industry of the Republic of Kazakhstan using funds from the national budget, approved by the decision of the Board of Directors of Development Bank of Kazakhstan JSC dated November 24, 2023 | |
| Additional Information | Address | Republic of Kazakhstan, Almaty, Medeu district, Iskenderov street, 1 |
| Tel | +7 701 710 44 11 | |
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