Black Sea Rivera to Build Hotel in Ganmukhuri
TBILISI – Georgian real estate developer Black Sea Rivera will build a 120-room hotel complex in Ganmukhuri, located on the Black Sea coast and close to Georgia’s breakaway region Abkhazia.
The company won an electronic auction held by Georgia’s Economy and Sustainable Development Ministry for 33,951 square meters of non-agricultural land and buildings with a market value of GEL 2,263,500.
The hotel complex will include indoor and outdoor swimming pools, football pitches, playgrounds and tennis courts. Parking space for at least 35 vehicles and a landscaped yard will also be included.
The project will be developed over a period of five years, with total investments amounting to 10 million GEL.
The project is expected to create hundreds of jobs in the region, develop tourism and attract more investments Georgia’s northwestern Samegrelo-Zemo Svaneti
By Ana Akhalaia
Edited by Nicholas Waller
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