PROJECT: THEME / ADVENTURE PARK AT GALYAT

SECTOR: TOURISMFEASIBILE LOCATION: GALYAT Khyber Pakhtunkhwa.

DESCRIBTION OF THE PROJECT INCLUDING SHORT FEASIBILITY:

INTRODUCTIONGalyat is one of the most attractive tourist destination located at north east of the capital city of Pakistan (Islamabad). It is an alley between mountains and scenic valleys. The wonders of nature can be seen in the shape of beautiful pine trees, changing colors of clouds, sudden raining and sunshine. Appearances of rainbow adoring the sky are almost the daily features. Fruits includes cherries, raspberries and strawberries thrive locally.Galyat area is roughly 50–80 km north-east of Islamabad, Pakistan, extending on both sides of the Khyber Pakhtunkhwa- Punjab border, between Abbottabad and Muree.

Bara Gali is one of the tourist mountain resort towns of the Galyat area is situated at an altitude of 2350m. Bara Gali lies on the road between Abbottabad and Murree; 15 miles from Abbottabad and 25 miles from Murree.Changla Gali is another tourist mountain resort towns in the Galyat area of Khyber Pakhtunkhwa. Its altitude is 2559m. During British rule it was the headquarters of the Northern Command School of Musketry.Dunga Gali is one of the picturesque mountain resort towns in the Galyat. It is at an altitude of 2500m. Dunga Gali is located next to Nathia Gali It have Hotels, Restaurants, Hospital, post office and a small church. The pipe line walk is very popular track which most visitors use.

THE PROJECT:The project is to develop Resort at Galyat based on international standards and facilities for tourist. Shelly and huts will be part of the scheme. Development of Resort will add value to this tourist destination where visitors will stay and enjoy their tours.Resort will include Hotels, Restaurants, Parks, Sport facilities, Central parking and other Recreational facilities.

EISTIMATED INVESMENT: Total Investment:Construction Cost = Rs 600 Million Equipment Cost = Rs 700 millionLand Lease Amount for 30 years @ Rs: 4 Million per year (first two years will be free Lease, lease payment of 4 million will start from third year with annual increase of 5% up to 10th year. 10% annually increase of lease amount from 11th to 20th year and `15% annually increase of lease amount from 21st to 30th year.Total Investment = Rs 1450 Million

RETURN OF EQUITY:Total Revenues: = Rs 270 million (@ 1500 visitors per day during Eight months season average revenue of Rs.750 per person for 240 business days)

Operating Costs:Salaries (including Mgt, Admin & Support Staff) = Rs 10, 00,000 Per MonthUtilities, Depreciation & Misc. = Rs 6, 00,000 per MonthTotal = Rs 16, 00,000 Say, Rs 1, 52, 00,000 per YearTotal Annual Operating = Rs 19.2 Million Total Income: = Rs 270 million Income Taxes @ 35%: = Rs 94.5 millionIncome after Tax: = Rs 175.5 million

Estimated Ratios:Return on Investment: = 18.62 %Payback Period: = Approx. 5.4 Years

PROPOSE MODE OF FINANCING: Public Private Partnership on Bot Basis

INFRASTRUCTURE AVALABLE:All the basic facilities are available on site such as water, road network, electricity, and telephone.