"EurasiaNet": Construction Of Lazika City Will Cost 900 Million GEL

An official project and financing details are still unknown

It has first become known from western Internet - editions the approximate budget of construction of the city of "Lazika". According to "EurasiaNet," in total 900 million GEL will be spent on the city construction.

They said neither the official project nor details of the financing had been released. According to the preliminary information, Lazika presumable cost will not significantly reflect in the budget.

Note: The idea of Lazika city ​​building has been unveiled by Georgia’s President late last year. As we reported last week, construction of the new city will be launched this spring.

Source: www.commersant.ge