KO L L A M D E V E LO P M E N T AU T H O R I T Y

PROJECT PROFILE –

OCEANARIUM AT KOLLAM BEACH

F E B 2 0 1 4

Various Terms used all connected to

oceanarium • Aquarium

• Oceanarium

• Tunnel Aquarium

• Touch and feel oceanarium ponds

• Ocean Park

• Ocean Therapy Hospital

• Underwater Hotel

Introduction

What is Oceanarium?

• Oceanarium as in large public aquariums

• millions of litres of saline water, marine life,

under water tunnels, shipwrecks, coral reef

environments, marine mammals

• including sea lions, sea otters, penguins,

touch pools where people can swim along

with dolphins and other marine organisms.

• .

Oceanarium and real estate

• Oceanarium along with mall

• Oceanarium along with hotel resort

• Oceanarium amusement/theme park

• Oceanarium for research

Swimming with dolphins or marine

organisms within a resort (Ocean park)

Marine Mammal show within a resort or

theme park (Ocean Park)

Underwater Restaurant in a resort or mall

Underwater bedroom

Underwater theater with marine animals as

stars

Touch and Feel

UNDERWATER HOTEL ROOM

Tank style oceanarium

A home build

around an

aquarium

OCEANARIUM INSIDE

BUILDING

• Presently town tourism limited - Back water boating and beach

• An Oceanarium at Kollam Beach to attract more tourists to the Town

• Expected to face lift the town into a major tourism destination in the

country

• One of the proposals included in the Sanctioned Integrated District

Development Plan for Kollam [G.O (Rt) No. 2517/10/LSGD dt

04.08.10].

• Proposed to develop the project with private participation

BRIEF OF THE PROJECT

MARKET FEASIBILITY

• Kollam beach has only few tourism attractions including a

park currently within the district.

• The proposed Oceanarium at Kollam Beach will attract

more tourists to the Beach

Large Oceanarium

• Approximate cost Rs 450 crore

Slightly up market medium

cost Oceanarium

• 25 lakh litre tank (2 tanks – ocean

colony, reef colony)

• 1 lakh litre – 1 tank

• 50,000 litre – 2 tank

• 5000 litre – 4 tank

• 1000 litre – 8 tanks

• 20 staff to maintain it

• Approximate cost Rs 150 crore

Simple but stylish Low cost

Oceanarium

• 3 lakh litre tank (1 tank)

• 2.5 lakh litre tank (2 tank)

• 15 staff to maintain it

• Approximate cost – Rs 10 to 20 crore

give or take

• Tank building, aquarium equipment

from outside India

Entry fee

• Type 1 (Simple Stylish) Rs.200/- to

Rs.400/-

• Type 2 (Slightly upmarket) Rs 500 – Rs 600

• Large Oceanarium – Rs 1000 above

Economics

• Kollam City Population – 3,50,000

• Kollam District Population – 26,30,000

• 10% of district population visiting oceanarium

every year 2,60,000

• Visitors from other districts and states

included – 50,000

• Total 3,10,000

• Rs 7,75,00,000 (@ Rs 250 entry ticket)

7.75 crores - Returns in 3 years

PROJECT DETAILS

• A Oceanarium at Kollam Beach

• It is proposed to set up an Oceanarium at Kollam Beach to

attract more tourists to the Town and is expected to face lift the

town into a major tourism destination in the country

• It is proposed to acquire 1 acre land apart from the Revenue

land

PROJECT COST (INDICATIVE)

Sl No Components Financial Targets

(Rupees in Lakhs)

Physical Targets

(in Units )

1 Preparation of DPR 5

2 Land acquisition 400 Revenue land

Acquired land

3 Site clearance 5 Cleared site

4 Purchase of materials and aquatic

organisms

500 Purchased materials

5 Construction works of Oceanarium

and basic amenities

1090 Constructed

Oceanarium and

basic amenities

Total 2000

20 crore

MODE OF IMPLEMENTATION/SCHEDULE

• Bidding for Investors

• Select Bidder

• Enter into Concessionaire Agreement

• Bidder to construct/operate as per the agreement

• Construction to complete within 3 years

• Implementation Timeline is 3 years and is phased as 2014 -2015 (20%), 2015 -

2016 (30%) and 2016 -2017 (50%).

PROJECT VIABILITY

• Tourist attraction (foreign and Domestic)

guaranteed

• Minimum assured returns within 3 years

CONCLUSION

Opportunities to Investor

• To develop as per concessionaire agreement

• Right to sub-lease/rent the space to other parties or

groups for managing the facility as per the

agreement.

• Disclaimer:

The findings contained in this project profile are based on the initial information collated through

primary and secondary research, which is only indicative and may not reflect the realities of an

actual project