“Commersant” reports that the  hotel project worth more than  40 million USD will be  carried out in Batumi by Azerbaijani investors.

Construction of  a five-star “Cube Tower'' hotel in Batumi will begin in the middle of October and will be carried out by   ''Adog Georgia” company  100% owned by Azerbaijani businessman. According to “Adog Georgia'' managing director, “Cube Tower” will be a 30-storey hotel and will consist of  180 rooms. Mikheil  Dzodzuashvili notes that ''Adog Georgia” will spend more than  USD 40 million on the project and the hotel will be opened in early 2016.

''Adog Georgia” was founded in 2011 and its head office is located in Baku. Dzodzuashvili confirms that in 2011 the company has purchased the area of 1 621 square meters for 1 GEL. According to the undertaken commitment, the investor should build a 22 - storey hotel complex. 

As the company's CEO says, the project is implemented according to plan and it is possible ''Adog Georgia “ will be interested in the implementation of other projects.

Source:commersant.ge