Abkhaz Capital is being formed at the invitation of the Republic of Abkhazia to assist in the privatization and development of the country's prime real estate and businesses. Abkhazia is a vacation paradise for Russians and sits just across the border from Sochi, Russia, the site of the 2014 Winter Olympics.

1. Abkhaz Capital
Privatizing State-Owned Property

2. Abkhazia- The Pearl of
the Black Sea

3. Abkhazia sits at the
southeast corner of the
Black Sea. Sochi,
Russia, the site of the
2014 Winter Olympics is
just across the border.
Average year around
temp. 68 degrees. It
remains largely
undeveloped despite its
close proximity to the
huge development
occurring on the Russian
Black Sea coastline.

4. Abkhazia Capital
Mission
• Abkhazia Capital is being formed at
the invitation of the Republic of
Abkhazia to assist in the privatization
and development of key state-owned
hotels, resorts, properties and
businesses. Abkhazia has not yet
privatized its most valuable assets.

5. Republic of Abkhazia

6. • Abkhazia sits about 15 miles from the city
center of Sochi, Russia, site of the 2014
Winter Olympics
• Subtropical beach paradise for Russians.
Mountains to 14,000 ft.
• Huge investment needs from years of
isolation
• Russia protecting Abkhazia militarily
• Over 100% increase in tourism in 2009 to
more than 2.5 million
• Abkhazia seeking non-Russian investment

7. • Bruce Talley personally knows both the
President and Prime Minister
• Written government invitation to structure
deals for developing state-owned projects
• 160 state-owned projects including hotels,
beach resorts, ports, ski areas
• Land in Sochi $3 to $10 million per acre.
Apartments in Sochi $1 million. Costs of
privatizing in Abkhazia a tiny fraction- but
only 15 miles away
• Tax incentives

8. Bruce Talley
• Successful 20 year history in
American bond market
• Conversational Russia skills
• Opened 5 Russian companies.
Bought and sold land.
Privatized land in Russia,
extensive experience in
development/permitting
• Contacts at highest level of
Abkhaz government.
• My position is absolutely
unique in Abkhazia

9. Transport
• Rail lines rebuilt by Russian
firm
• Cargo hauled by rail to
Russia for construction
• Passenger rail service began
summer 2010 from Russia
• Airport in Sukhum due to
open for flights from Russia
• Currently tourists traveling
to Sochi airport or by bus, car
or train to the border

10. The Republic of Abkhazia has about $10 billion
in financing needs due to the conflict in 1992-93,
the lack of investment due to isolation and
recent return of mass tourism
• Infrastructure
• Hotels and resorts to replace
aged Soviet structures and
modest guest homes
• Port in Sukhum, the capital
• State-owned businesses
• Ski resort
• Apartment buildings
• Office buildings

11. Abkhaz Capital
• The Republic of Abkhazia has invited Bruce Talley to form Abkhaz
Capital to meet financing needs
• The government has pledged to provide all information available
and to support Abkhaz Capital
• A liaison officer has been appointed by the government to assist
Abkhaz Capital
• Abkhaz Capital will assemble information, 3rd party reports,
structure deal proposals, write them up and offer to outside
investors
• After the deal proposals are completed the government has agreed
to pay fees whether they or Abkhaz Capital brings investors

12. Sales/Marketing
• Abkhazia is one of few remaining post-Soviet economies to
privatize. To some degree investors are aware of this
• B. Talley receiving significant international press attention
• B. Talley administrates social media for the Republic of Abkhazia
• Develop an investor forum similar to that of Sochi in Abkhazia
• Present deals to institutional investors through network of
colleagues, personal contact with development groups, private real
estate funds and other institutional investors

13. Competition
• There is currently no
other outside firm
seeking to capitalize
on the tremendous
opportunities t
• Russian investors are
there, but Abkhaz
authorities desire
outside investors to
demonstrate
independence and
build political/
economic ties

14. Milestones
• 3rd- 4th quarter 2010 - Capital raise
• Open US LLC, Russian LLC and Bank account
• Open Abkhaz Capital firm in Abkhazia
• 4th quarter 2010 Open office and isolate first 3 -4 projects
• 3rd party reports on Pitsunda Resort
• 3rd quarter show Pitsunda and other projects to known “deep
pocket” investor

15. Milestones ctd.
• 1st quarter 2011 Plan Investor Forum for summer- fall 2011
• 1st quarter 2011 Complete deal proposals on Pitsunda Resort,
Sukhum apartment project and port redevelopment
• 1st quarter- 2nd quarter 2011 Present Pitsunda and other
completed deals to investors
• Close Pitsunda Resort early 2011
• Investor Forum in Sukhum -3rd quarter 2011

16. Conclusion
• Abkhazia represents one of the last
opportunities to get involved on the
ground floor in the privatization of
state-owned property. Abkhazia is
also the most attractive place
physically in the Black Sea Region.
Abkhazia is set to experience the kind
of development that Croatia and
Montenegro are going through now....

17. Bruce Talley
1 858 344 9165 (USA)
7 962 859 1776 (Russia)
talley.br@gmail.com
www.brucetalley.com