Project Introduction
1 Project Code : 3248
Project Title : Tourism and Recreational complex of Rushdiyeh
Sector : Construction     Sub Sector : Building and housing
3 Products/Services: Tourism services
east azarbayjan
5 Project description :
This project aims to establish tourism, recreational, sport and cultural complex in a unique and integrated system in accordance to continuous development, constructing technology, modern standards, economic, climate specification of the region, national laws on construction and dividable into different and separate phases which can be utilized independent from other stages. This project will be established in a land with an area of 30h in north-east of On-ebn-e Ali foot hills in north-west of Rushdiyeh suburb. Infrastructures and area of this project include: trade application in a land with an area of 25866.9 m2 in south-west side of the complex; hotel and lona park in a land with an area of 27310 m2 in south-west side of the complex; cultural application in a land with an area of 15055.2 m2 in eastern side of the complex, service application in a land with an area of 13010 m2 in the east side of the complex, public parkings in a land with an area of 11269 m2, training application in a land with an area of 30,000 m2 in four blocks, sanitary application in a land with an area of 2691 m2. Tourism sector includes horse riding, shooting, tennis, exiting sports, patinaje, and water park and … and will be constructed in a land with an area of 37817 m2. In accordance to predictions, total area of buildings will be 442759 m2 and the remaining 37817 m2 will be allocated to sport fields and spaces including technical equipment, office sector and installation including ( gas, water, electricity and sewage). Being located on green belt of city, in city suburb, proximity to east-west side-way of Tabriz, real distance from downtown, proximity to fair and economic centers, facility for more development, possibility for quick-construction of the project, possibility for utilizing the project phase to phase and … are some advantages of this project.
6 Annual capacity: 0 0
Project Status
7 Local / internal raw: 100 %
8 Anticipated sell in foreign markets: 0
9 Construction Period : 2 YEAR
Feasibility study available?
Required land provided?
Legal permissions (establishment license, foreign currency quota, environment, etc) taken?
Partnership agreement concluded with local/foreign investor?
Financing agreement concluded?
Agreement with local / foreign contractor(s) concluded?
Infrastructural utilities (electricity, water supply, telecommunication, fuel, road, etc) procured?
List of Know How
Purchase agreement for machinery, equipments and know
Financial Structure
Description Local Currency Required Foreign Currency Required ( Million Euro) Total Million Euro
Million Rials Exchange Rates Equivalent (Million Euro)
Fix Capital  7364560  32044 229.826  0 229.826
Working Capital  0  32044 0  0 0
Total Investment  7364560  32044 229.826 0 229.826
Value of foreign equipment/machinery 0  million euro
Value of local equipment/machinery 0  million euro
Value of foreign technical know how 0  million euro
Value of local technical know how 0 million euro
Net Present Value (NPV) 286.01  million euro for 10 Year
Internal Rate of Return (IRR) 82  %
Pay backPeriod (PP) 1  Year(s)
General Information
Mode of Financing /Investment:
Project Type : 
Company Profile
Owner User javadexpert
Name (legal /natural persons) : East Azarbaijan
Company Name: East Azarbaijan Investment Services Center
Address : Theghat - Al - Islam House, Between Ghary Bridge and Saheb -Al - Amr Underpass, Tabriz, Iran
Tel: +98-411-5262-237
Fax: +98-411-5265-053
Web site:
Local entrepreneur :
Pre feasibility study:

Ministry of Economic Affairs and Finance
Organization for Investment Economic and Technical Assistance of Iran (OIETAI)
Foreign Investment Center
Tel : 33967749-33967766-33967762-39902485-39902488-39902486
Fax : 33967774
Website :
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