1. PROJECT TITLE

Sports and Recreation Center

2. SECTOR

Tourism and recreation.

3. LOCATION

Sokolac municipality, located in the eastern part of the Republic of Srpska, about 40 kilometers from Sarajevo and Jahorina Olympic Center. Sarajevo-Belgrade highway is very close to the planned location. With the area of 689 km2 this is one of the larger municipalities of the Republic of Srpska. It comprises 12 local communities and 95 settlements with about 12,600 inhabitants.

4. BRIEF PROJECT DESCRIPTION

Construction of three open pools is planned as part of an open-air swimming area. The pools are accompanied by required facilities, cloak room with changing rooms, toilets and showers.

5. PROJECT DETAILS

5.1 What type of project is it?

This is a greenfield project of three open-air pools, i.e. one for swimming, one for swimming lessons, one for children. The land of the planned location is owned by Sokolac municipality.

5.2 Project status

Master design is prepared in May 2014 by Getris d.o.o. Banja Luka and available.

5.3 Reasons to invest in the project

Together with other supporting sport facilities (sports hall, stadium and sports fields) placed next to the planned location, those three pools would constitute a complete unit which would be economically justified, in terms of sales of tickets and hospitality and other similar facilities, since there are no such establishments in the vicinity. Sarajevo-Belgrade highway is very close.

6. PROJECT FINANCING:

6.1 Estimated project value in €

Total project value is 2,556,459 €

6.2 Planned sources of financing

Joint venture

6.3 Inputs by local partner

Master design preparation cost 29,880€, market value of the land planned for construction, owned by Sokolac municipality, amounts to 76,693€.

6.4 Inputs by investor

Joint venture of agreed amount, depending on ownership share.

7. Has physical location for project implementation been identified

Planned location is in the very center of the municipality, on a slope between a parking area, a universal sports hall and Glasinac FC football stadium. There is complete infrastructure, electricity, water supply, sewerage, access roads….

8. Have the activities on project implementation already started

Prepared master plan.

9. Project applicant and contact information

SOKOLAC MUNICIPALITY
Glasinacka 13,
71350 Sokolac
Contact: Mitar Przulj
Phone: +387 66 271 572, +387 57 448 056
E-mail: mitar.przulj@opstinasokolac.net
Web: http://www.opstinasokolac.net/