Whether or not  the Co-investment Fund will finance "Niba Delisi " project will be known at the end of the week.

 

One of the founders of "Niba Delisi"  explains to  "Commersant " that they held several meetings with the Fund’s management and processes are positively developed. According to Bakur  Kiguradze, an application for funding in the amount of 12 million 250 thousand USD was submitted.

Along with that, a work is ongoing with «Bank of Georgia” with regard to the allocation of 10 million. The construction of extra - class shopping center by "Delisi" subway station was halted in 2010 after the arrest of Bakur  Kiguradze. The new government granted Kiguradze the political prisoner's status  after which  the  businessman was released from prison.

source: commersant.ge