"GIMG", the Georgian subsidiary of  the Australian company, which is building a large hotel and entertainment complex in Batumi  is still looking for investors. The company’s Director Temur Gamtsemlidze  says  that this process has been ongoing for 5 years.

In Gamtselidze’s words, negotiations are being heldwith  various investors, however, an agreement has not been reached yet, "- says  Gamtsemlidze.

The company’s  Director notes that  the construction is being carried out according to schedule  and by the end of the year the complex will be  fully completed. At that  stage half of the building has already been  put into commission.

As for the hotel brand, Gamtsemlidze says  this issue will be decided after negotiations with a new partner.

Apart from the hotel, the complex includes entertainment centers, casinos, exhibition, bowling, fitness and spa centers. This is the  first project carried out by "GIMG" company , the total project  investment volume amounts to  $ 150 million.

The construction started in 2009 and the complex  is  planned to be opened  this summer.

As reported,  Kempinski brand abandons an idea of hotel management in the seaside resort of Batumi.

Source:commersant.ge