INVEST IN TOURISM!  Tourism is one of the most promising branches of economy in the Republic of Srpska

 Attractive offer in spa, eco-, adventure, mountain and rural tourism, as well as in urban tourism.

Tourism in the Republic of Srpska WHY INVEST? Growing demand: - in 2013, number of visits grew by 6.2%, and number of overnight stays grew by 6.4% compared to 2012,

Preserved environment and abundant cultural heritage: - Perućica, the oldest primeval forest in Europe - more than 200 thermal and mineral water springs Transitivity: - connects Central Europe with the Adriatic coast Unexplored and open market - investment opportunities in hotels and real estate

Competitive tourist service prices: - in mountain, spa, eco- and adventure tourism New offer at tourism market

They have already invested! ANDRIĆGRAD  Famous director Emir Kusturica built a tourist city devoted to our greatest Nobel Prize laureate Ivo Andrić – Andrićgrad.  One of the most important investment projects in tourist economy of the Republic of Srpska.

INVESTORS: Government of the Republic of Srpska, municipality of Višegrad, and Emir Kusturica’s company Lotika d.o.o. (public-private partnership)  The project represents a merger between culture and tourism

They have invested! ANDRIĆGRAD  Construction of Andrićgrad started in 2011  A “city” was built within the city, with hotels, hostels, cinema, theatre, Faculty of Fine Arts, squares, marina, restaurants, bars and other tourist and cultural facilities.  Additional offer of Andrićgrad is cruising the river Drina. Info: www.andricgrad.com

They have invested! TOURIST COMPLEX – KLEKOVAČA Tourist complex Klekovača, Petrovac - Drinić

INVESTOR: GB IMMO Banja Luka, MAHLER BAUBETEILIGUNGS - UND VERWALTUNGS GMBH, and BRUNO INVEST GRUPA Austria GREENFIELD investment with foreign capital

They have invested ! TOURIST COMPLEX – KLEKOVAČA  10 hotels (5* and 4*) with 2 600 beds

 Wellness hotels with 1000 beds (environment-friendly construction)  Hostels and resorts (9000 beds)  Mountain ethnic village Lom with accommodation capacities and sport fields (800 beds)  Ski paths, vertical transport, sport fields, golf courses, swimming pools, heliport, hall for summer skiing, horseback riding paths Info: www.gbimmo.biz/index.php/sr/projekti

Tourism in the Republic of Srpska INVESTMENT OPPORTUNITIES  MOUNTAIN / WINTER TOURISM  SPA / WELLNESS TOURISM

 ECO- AND EDVENTURE TOURISM  URBAN TOURISM (HOTELS AND REAL ESTATE)

Tourism in the Republic of Srpska Mountain/Winter Tourism - Jahorina During the winter season, mountain areas generate about 120 000 overnight stays per year, with the average annual growth of about 11%. It is assumed that the number of overnight stays will grow in future years by about 10%.

Mountain/Winter Tourism Investment Projects: JAHORINA - OLYMPIC MOUNTAIN

400,000,000.00 EUR

Destination recognizability:  Jahorina – Olympic mountain in 1984 during the XIV Winter Olympic Games.

Excellent position  30 km from Sarajevo international airport Infrastructure  20 km of ski paths, modern hotel accommodation and low prices Prepared development plans  Jahorina Master Plan (provides for investments in the amount of about 400 million euro) and  Regulation Plan of the Special Area of Jahorina

Mountain/Winter Tourism Investment Projects: JAHORINA - OLYMPIC MOUNTAIN

400,000,000.00 EUR

Possibility for construction of new infrastructure

 Construction of ski paths and vertical transport in the existing area and expansion zones 1 and 2 (about 200 million euro)  Construction of accommodation capacities and other facilities (about 200 million euro)

Info: http://oc-jahorina.com/sr/master-plan-jahorina/

Mountain/Winter Tourism

Investment Project: JAHORINA - Trnovo ECO- AND WELLNESS HOTEL COMPLEX

6,000,000 EUR  Construction of tourist complex with ecoand wellness facilities (accommodation capacities, restaurant, swimming pools, wellness and spa facilities).  Planned environment-friendly construction

 GREENFIELD investment  INVESTORS:  Municipality of Trnovo – land,  Potential investor – construction of ecowellness facilities 5.8 million euro.

Info: http://www.trnovo-rs.com/

Mountain/Winter Tourism Investment Project: JAHORINA - KOŠUTA HOTEL 6,000,000.00 EUR  Jahorina – Kosuta Hotel,  Selling price: 6 million euro or publicprivate partnership offer between the Republic of Srpska and investor.  BROWNFIELD investment

 Reconstruction of the existing hotel into a 4* hotel with 70 rooms, 140 beds, restaurant with 150 seats, a la carte restaurant with 30 seats, cocktail and snack bar.  Investment in reconstruction amounts to about 4,200,000.00 euro.  Return on investment in 7 years, estimated gross annual revenue amounts to about 760,000 euro

Info: www.irbrs.org

Tourism in the Republic of Srpska Spa Tourism Abundance of thermal and mineral waters  About 200 unused springs  Water application for healthcare, cosmetic and recreational purposes (wellness development)  Water bottling and packaging  Greenhouse construction (fruit and vegetable production)

Spa tourism in constant expansion  Demand exceeding supply (266 262 overnight stays in 2013, i.e. growth by 3.7% compared to the same period last year) Medical / healthcare services among the most competitive in the region  Orthopedics, dental services, esthetic surgery etc.  Quality service and low prices

SPA AND HEALTH TOURISM Investment Project VILINA VLAS SPA, VIŠEGRAD 5,000,000.00 EUR  Construction of spa tourism zone in Visegrad.  The owner - Municipality of Višegrad – proposes a public-private partnership.  Thermal and mineral waters are used for treatment of rheumatic, neurological and geriatric diseases, as well as for treatment of orthopedic injuries.  The project implies: reconstruction and expansion of the existing and construction of a new hotel with 120 beds, internal swimming pool, playfields and sport fields)

 Investment advantages: o The spa generates about 26 000 overnight stays per year, o Capacity use is 100% (indicating the need for capacity expansion), o Proximity of Andricgrad and Mokra Gora – Šargan Eight (Serbia).

Info: www.opstinavisegrad.com

SPA TOURISM Investment Project: Terme Ozren Spa Center Petrovo from 440,000.00 EUR

 Terme Ozren Spa Center is located in Petrovo. Infrastructure: swimming pool, playfields for children, and restaurant.  Thermal mineral water relieves rheumatism, psoriasis, sinus and backbone diseases, as well as high blood pressure.

 Owned by the Republic of Srpska.  The project proposes construction of hotels, camping sites, restaurants and facilities to provide medical and other services. Info: www.irbrs.org

SPA TOURISM Investment Project Slatina Lješljani Spa, NOVI GRAD

3,100,000.00 EUR  Slatina-Ljesljani Spa Center is located at the very border with the European Union, in the municipality of Novi Grad.

 Thermal mineral water is suitable for treatment of skin conditions and can be used for cosmetic purposes.  Center owners, private company Kozaraputevi offers direct sales or public-private partnership.  The Investment Project proposes construction of accommodation capacities and other facilities.  Project value is 3,100,000.00 euro. Info: www.opstina-novigrad.com

Tourism in the Republic of Srpska Eco- and Adventure Tourism • Republic of Srpska hosted the World Rafting Championship organized in 2009 on the mountain rivers Vrbas and Tara. • Host of the World Parachuting Championship 2014 • 2 national parks, Kozara and Sutjeska • Most attractive tourist offer: • rafting, mountaineering, cycling, kayaking, hiking, etc.

Eco- and Adventure Tourism SUTJESKA NATIONAL PARK Sutjeska National Park is an area of preserved nature, and includes excellent resources for tourism development. It is located at a junction point between BiH, Serbia and Montenegro (municipalities of Foča, Gacko and Kalinovik) It is about 100 km from Sarajevo international airport.

It was declared national park in 1962, and became a member of the European Park Federation in 1984

Eco- and Adventure Tourism Investment Project: SUTJESKA NATIONAL PARK – Sutjeska Hotel 6,000,000.00 EUR

Sutjeska Hotel Located in the central part of the National Park, in Tjenište, One of the investment opportunities is planned through investment in concession, Investment project value: hotel facility reconstruction about 1 million EUR, Internal redecoration about 5 million EUR

Tourism in the Republic of Srpska Urban Tourism  Urban tourism:  Banja Luka – administrative center,  Trebinje – culture, wine and transit tourism (increased demand for land due to proximity of the sea)  Višegrad – culture tourism, tourism complex Andrićgrad, and bridge over the river Drina, under UNESCO protection.  In cities, opportunities lie in investments in catering industry (hotels etc.) and real estate.