Hotel Online Special Report

advertisements

$350 Million in Hotel & Tourism Projects in Eurasia
Creates Opportunities for U.S. Companies
WASHINGTON, DC (8 May 2002) -- Tourism and hospitality projects valued at more than $350 million will be presented at an upcoming U.S. Trade and Development Agency (TDA) conference in Istanbul, Turkey. The May 29-31 event will help match U.S. companies with more than 30 tourism, hospitality and infrastructure projects in 12 Eurasian countries.

"Destination Eurasia: Building Infrastructure for Tourism" will provide participants with information on projects involving development and construction of hotels, resorts, golf courses, ski resorts and spas. The agenda will also include presentations on water supply and road projects.

Project sponsors attending the conference will be seeking suppliers of architectural, engineering and construction services; hotel furnishings, fixtures and equipment; management information systems; construction materials; heavy equipment; water supply/waste water equipment; as well as construction services and supplies for pools, bowling alleys, tennis courts and other recreational facilities. Several related investment opportunities will also be discussed.

Organized by TDA, in cooperation with the U.S. Department of Commerce, the conference will highlight opportunities in Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan, as well as Turkey. The projects will be presented by representatives of state-owned and private-sector enterprises in the region. A series of pre-scheduled one-on-one meetings will also enable U.S. company participants to meet privately with the project sponsors.

Also expected to participate are senior government officials from the U.S and the Eurasia region, U.S. Commercial Service officers, and representatives of local companies interested in partnering with American firms. Representatives of public and private international lending institutions, including the U.S. Export-Import Bank and the Overseas Private Investment Corporation, will also be on hand to discuss financing and loan guarantee programs available for projects.

Each U.S. participant will receive a comprehensive resource guide and CD-ROM outlining the projects presented, as well as 30 additional projects with similar needs. Included in the guide will be critical economic information, export potential, time lines, equipment needs and key contacts. "This conference will provide an unprecedented opportunity for U.S. companies to learn about a wide range of opportunities and meet with decision makers who have indicated an interest in buying U.S. products and services," said TDA Director Thelma J. Askey.

Projects Scheduled to be Presented at the Conference

Representatives for each of the following projects are scheduled to present their plans and meet one-on-one with participating U.S. companies.  The project resource guide will list all relevant data for these projects and include more than 30 additional projects with similar equipment and service needs.

Hotel/ Resort/ Lodge Development & Construction Projects   
                                                                         U.S. Export Potential
ARMENIA  Marriott Hotel Armenia Renovation       US $10 Million
ARMENIA  Tufenkian Hotel Development        US $2 Million
AZERBAIJAN  Baku Hotel and Recreational Construction     US $500,000
KYRGYZSTAN The Royal Beach Hotel Construction       US $500,000
KYRGYZSTAN Bishkek Hotel Construction         US $400,000
RUSSIA   St. Petersburg Isaak Hotel Construction      US $10 Million
RUSSIA   St. Petersburg Gavan Hotel Reconstruction     US $15 Million
TURKEY   Beldibi Hotel Project          US $5 Million
UKRAINE  Lviv 4-Star Hotel Development        US $4,700,000
UZBEKISTAN Khiva and Bukhara Hotel Construction Projects    US $250,000

Recreation Development & Construction Projects
AZERBAIJAN  Guba Ski Resort Development        US $500,000
KYRGYZSTAN Lake Issyk Kul Hotel and Resort Development    US $600,000
RUSSIA   Russian Alps Ski Center Infrastructure     US $17 Million 
TURKEY   Belek Golf Facilities          US $35 Million
TURKEY   Net Milas Tourism Development Project      US $300 Million
TURKEY   The Swissôtel Göcek Marina Resort Development Project  US $10 Million
TURKEY   Koroglu Ski and Hiking Resort Development     US $8 Million
TURKEY   Kas Marina Development Project       US $6 Million
UKRAINE  Golden Gate Golf Club Construction       US $1.5 Million
UKRAINE  Alushta Marina Construction        US $16 Million

Water & Sanitation Projects
AZERBAIJAN  Baku Irrigation and Drainage Infrastructure Project   US $30-35 Million 
UZBEKISTAN Bukhara and Samarkand Water Supply Project   US $42 Million
GEORGIA  Tbilisi Water and Sanitation Project       US $12.5 Million

Transportation � Road Development Projects
AZERBAIJAN  Azerbaijan Highway Project        US $35 Million 
GEORGIA  Georgian Road Rehabilitation Project      US $3 Million
KAZAKHSTAN Almaty � Bishkek Road Sector Development Project  US $20 Million
RUSSIA   St. Petersburg By-Pass Section Construction    US $65.5 Million
TURKEY   Aegean Coast Road Rehabilitation Project    US $50 Million 
TURKEY   Antalya Tourism Road Project       US $40 Million 

Trade and industry organizations supporting the conference include the American Council of Engineering Companies, the American Resort Development Association, the American Road and Transportation Builders Association, the Electric Power Supply Association, the Water and Wastewater Equipment Manufacturers Association, the American-Turkish Council, the American-Georgia Business Council, the American Uzbekistan Chamber of Commerce, the U.S.-Azerbaijan Chamber of Commerce, the U.S.-Kazakhstan Business Association, the U.S.-Ukraine Foundation, the U.S.-Russia Business Council and DEIK � the Turkish Foreign Economic Relations Board.

The U.S. Trade and Development Agency helps form mutually beneficial partnerships between U.S. private-sector companies and overseas sponsors. An agency of the U.S. government, TDA provides assistance in more than 60 nations around the world each year.

###

Contact

Dan Lamey
1-866-636-4729
[email protected]
www.trademeetings.com



 
Also See Radisson SAS in St. Petersburg, Russia 'Deal of the Year' / April 2002 


To search Hotel Online data base of News and Trends Go to Hotel.Online Search

Home | Welcome! | Hospitality News | Classifieds | Catalogs & Pricing | Viewpoint Forum | Ideas/Trends
Please contact Hotel.Online with your comments and suggestions.