Reconstruction of coastal recreational parkland in Nova Kakhovka Project idea: landscaping of the city park along the Dnipro River (length is 1 km), development of tourist and recreational area of about 10 hectares, according to the general plan of Nova Kakhovka with the creation of sports and tourist complex, business-city with office centers, exhibition and conference halls, hotel and camping, extension of the existing pier for mooring of large ships and yachts, festival scene on the water, water park, arboretum, new beach areas, construction of cascades of the existing sources, specific sites and a waterfront. Landscaping of Cossatskiy island is planned during the second stage of the project implementation. Initiators of the project : Executive Committee of Nova Kakhovka City Council Place realization: Kherson region, Nova Kakhovka, Dniprovskiy Avenue 23 (coastal park zone from a high voltage corridor to the yacht club «Maxim marine»;; along Dniprovskiy Avenue from the territory of the yacht club «Maxim marine» to the former OJSC «Nova Kakhovka Butter Plant») Total Project Cost: Investment needs for the project realization is 200,6 mln..USD Financing scheme: 1 stage of the project is funded by community. Investment needs for the next stages will be determined by existing investors. Costs of each project implementing depends on the complexity of some urban complexes. Expected results and social effect: Reconstruction of coastal parkland creates conditions for mass cultural, festival and sports events, cultural development, services and recreation of residents and tourists, tourism development, job creation and budget revenues, competitiveness and economic level of the region and creates a unique view of the city. Current status of project implementation, infrastructure and resources : Degree of readiness according to feasibility investment project of coastal recreational parkland in Nova Kakhovka,- 20%. Further implementation of the project will be in several stages. Payback period:– 10 years. Profitability: profitability level taking into account employment and business income will reach 25-40%. Profitability and implementation of the investment project and generally depends on financial accounts of individual investment proposals and opportunities of individual investors, who by the decision Nova kakhovka City Council, will draw up land plots for use on some urban development centers (on condition of coastal and protection Dnipro River strip landscaping) on the basis of a unified concept. Sales market: a wide range of tourists, city residents and local entrepreneurs. Competitive advantages of the project: Favorable location, possibility of a large complex of entertainment and leisure creation, best conditions for entrepreneurial business activities on the park and the waterfront territory, ability to install small temporary structures and significant capital facilities (in compliance with the Water Code). Specific issues that may arise during the project implementation: inability to avoid general state, political and economic risks during the project implementation. Official website : www. novakahovka.com.ua.www. novakahovka.com.ua Contact Information: Mykola Pluimo, tel. (05549) 4 – 26-17