Resort & Sulphur Spa In Garam Chashma Chitral
Garam Chashma is one of the many picturesque valleys of Chitral District and is situated in the extreme northwest of the Khyber Pakhtunkhwa province. It is one of the highest human settlements in the Hindu Kush ranges with an altitude of almost 2550 meters (8389 feet). This un-spoilt enchanting valley of orchards, verdant fields and snow clad peaks is renowned for its boiling sulphur springs which are famous for healing effect on skin diseases, gout, rheumatism and chronic headaches.
The scope of the project contains development of resort & Sulphur Spa restaurant, chalets, fishing, rafting and recreational activities.
The cost of all will amount to Rs. 848 million. The total expected annual income amounts to Rs. 156.00 million. Commercially it has the strength to generate the desired level of revenues and can meet its investment costs in approximately six years period. The pre-feasibility of the proposed project has already been conducted.
In investment context, the proposed project will offer profitable returns in six years to the investors. All facilities provided will be a major source of generation of funds. Skilled and semi-skilled labour and construction material can be made available in the area. Basic utilities like water, electricity, telephone and road network are accessible. The investor can modify the scope of work with prior approval of the provincial government.
The project provides an opportunity for the donor agencies / investors for investment and to recoup the capital investment with profit. It can be executed through BOT or any mean mutually agreed by the provincial government and the investor. The project is open for all the state-owned, state-supported and private entities.
The government of Khyber Pakhtunkhwa will facilitate investors for interaction with relevant agencies and is committed to partner with the investor by providing all basic facilities in execution of project. It will provide all legal and technical assistance to the investors. The government will provide assurance of money security. Moreover, the investors friendly security situation prevails in the province.