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Georgian President blames new government in failure of investment projects

Politics Materials 7 January 2013 19:42 (UTC +04:00)
Several major investment projects were disrupted resulting in loss of jobs by many people because of the new government, Georgian President told journalists on Monday.
Georgian President blames new government in failure of investment projects

Georgia, Tbilisi, Jan. 7 / Trend N.Kirtskhalia /

Several major investment projects were disrupted resulting in loss of jobs by many people because of the new government, Georgian President told journalists on Monday.

Herewith, he demonstrated the journalists layout of the hotel which was to be built in the center of Tbilisi.

"You know that here in Rica, and generally in Tbilisi a very beautiful building of the hotel was being constructed. This hotel should be a 40-story, was to be built in the center of Tbilisi, it was supposed to give work to 20 thousand of our citizens. This was to be done with foreign investment, but I was told that the new government of Georgia has suspended the project, that is, 20,000 people were out of work due to quite a far-fetched pretexts. Alongside, construction of the hydroelectric power plant was to start in Hobistskali on January 1. Unfortunately, I was informed that this project as well got suspended. Construction of a new runway at Tbilisi airport that we started a few months ago has also been stopped. If the mentioned construction is not brought to the end, Georgia will lose hundreds of thousands of tourists, meaning that our citizens will lose income. HPP in Hobistskali was to create an additional 10 thousands of jobs. In one word, on holidays I learned that several thousands of our citizens have lost their jobs, " Saakashvili said.

He mentioned that instead of new construction, destruction threatens those objects that are based on Rica.

"The country will surely go forward, and I would like to hope that this is a temporary mistake and people will meet the next year even happier, full of hope and confidence in the future. I wish the Georgian government to achieve this. I really do not want them to suffer the defeat, we just want this to not happen," Saakashvili said.

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