Turkish Company to Start Hotel Construction in Batumi by the End of the Year
 
News ArchiveJuly 11, 2014

Turkish “Reina” Company, the owner of the famous restaurant chain, launches a project worth USD  20 million in BatumiTheTurkish investor planned to build the hotel complex in Batumi still last year, but the project was changed, due to which the implementation deadline has been postponed. According to the Secretary General  of the International Investors Association of Georgia, the project came into force and technical details are being specified.

 

Osman Chalishkan notes that  the investor plans to build a casino, a hotel and restaurant. He adds that the project will start by the end of the year and the construction should be completed in 2 years. Chalishkan says that Turkish investors' interest in Georgia is great and textile enterprises have already been launched in  Guria and Imereti.


Apart from that, the  Business Forum will be held in Batumi in September with the participation of 5 countries’ delegations. Chalishkan predicts that after  Business Forum investors will show even more interest in Georgia.

Source:commersant.ge