The Prime Minister of Georgia, Irakli Garibashvili, has laid the foundation for the construction of the $100 million ‘largest investment project’ of Ambassador Batumi Island in the Black Sea resort city of Batumi. The project is anticipated to employ at least 2000 citizens as the Georgian Government Administration announced the project on Saturday.
The palm-shaped Ambassador Batumi Island includes the creation of two artificial peninsulas and one island of ultra-modern entertainment that would be a refreshing kind of a resort. The Government would be investing in the development of relevant infrastructure. As the government administrative bodies, the recent developments would combine entertainment-health, sports, educational and commercial aspects.
Additionally, Batumi would develop as a calling card for tourists from all over.
While the PM laid the foundation of high scale project, he said,
” Today we are launching a unique, world-class project that is truly outstanding in the Black Sea region, adding that the project would contribute to the growth of the’already strong’ international reputation of Batumi and the economic progress of Adjara”.
The PM was all praises for the initiator of the project and investor Tornike Keburia, the head of Ambassador Group and his family, saying that his company has created truly unique projects all over Georgia, including the capital city of Tbilisi, the wine region of Kakheti and the seaside resort town in Adjara.
“This truly unique project makes us all happy. On behalf of our [Georgian] government, I would like to thank this group once again and express our [Government’s] full support,” the Prime Minister said.
The developing company of the project has completed all the necessary procedures, and the project will operate under the expertise of relevant research institutes, while meeting the necessary environmental and safety standards.
Georgia, being on the path of rapid development, requires such kinds of high-scale projects. The economy exhibited double-digit growth in the economy while Prime Minister Irakli looked forward to the creation of more jobs, income and wealth for the citizens of Georgia.