Money allocated for construction of five-star hotel in Eastern Georgia

Photo: Money allocated for construction of five-star hotel in Eastern Georgia / Georgia

Tbilisi, Georgia, April 10
By Nana Kirtzkhalia - Trend:

The Georgian Partnership Fund and Kazkah "KazMunaiGas Service" company signed an agreement on allocating funds for completing of the construction of a hotel - recreational complex in Likani (resort in the eastern Georgia).

The fund said that the completion of the 152-room hotel complex planned to wrap up by the end of the year. The total amount of project's investment makes up $ 38.5 million.

In accordance with the signed agreement, the Georgian Partnership Fund's share in the project is 50 percent.

Translated by S.I.

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