Well someone’s investing in Georgia!!!28 Jan 2025 09:53
Agenda.ge, 27 Jan 2025 - 16:02, Tbilisi,Georgia
Georgian Prime Minister Irakli Kobakhidze on Monday announced the signing of a memorandum securing an “unprecedented” $6 billion United Arab Emirates investment in the country’s capital city of Tbilisi, Black Sea city of Batumi and the coastal town of Gonio.
"$6billion investment in a country whose Current Gdp is only $33 billion"
The PM said the deal paved the way for a “multifunctional development project” in the locations, in comments for Georgian media during his ongoing visit to Abu Dhabi.
He said the investment would be implemented by the EMAAR Group, a UAE-based real estate development company.
A very interesting project will be implemented. This is a multifunctional development project which will be implemented in Tbilisi, Batumi, and Gonio. These developments will greatly contribute to the growth of our country’s economy, accelerate economic progress, create new job opportunities, and attract additional