All-season mountain cluster “Shankol”

Illustration from the passport
Project description
Creation of the year-round ski resort “Shankol” in the Nookat District: cableways, slopes, accommodation, restaurant, and summer activities.
Financial indicators
- Funding required
- 10,000,000 USD
Participation
Equity participation proposed: 50% for 10 million USD. Financing in three stages — 5 million, 3 million, and 2 million USD — with agreed conditions for transition to the next stage.
Key parameters
- Planned implementation period
- 2027–2029 years
- Investment stages
- 5 million USD in 2027; 3 million in 2028; 2 million in 2029
- Cableways and slopes
- 3 chairlifts and 8 km of slopes in the basic version
- Accommodation
- 264 places, including a hotel with 35 rooms
- Altitude marks
- 2 464–2 912 m
- Estimated profitability
- IRR of the project — 28.6%; IRR for the investor — 19.2%
- Scenario with a decrease in load by 30%
- Estimated NPV — 2.1 million USD and IRR — 19.9%
Project location
Nookat District, Osh Region, Pamir-Alai Range; about 70 km from Osh airport.
Approximate location. Exact site and participation conditions — upon request to the National Investment Agency.
Participation in the project
National Investment Agency
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Contact us for details and to discuss participation in the project.