Kazakhstan, Astana, Aug. 8 / Trend D.Mukhtarov /
The Likani sanatorium in Georgia is expected to open in October, an informed source in the Georgian Embassy in Astana told Trend.
"All the construction work should be complete. Then its opening should be held," the source said.
The Borjomi-Likani therapeutic and prophylactic center was purchased by KazMunaiGas (KMG) in May 2006 for $10 million.
The operator is the KMG service, a KazMunaiGas subsidiary.
In July 2009, Georgian President Mikheil Saakashvili expressed his dissatisfaction with the activities of "some" Kazakh companies due to the breach of their investment obligations." As an example, he cited the Likani resort, saying "he intends to discuss this topic with the Kazakh president."
Later, the Kazakh Foreign Ministry said the suspension of the projects in Georgia was due to the financial crisis.
According to the company, time costs were required to conduct research and evaluate the current state of the buildings.
"Studies have revealed serious problems in the load-bearing structures of buildings. It is for this reason that it was decided to abandon initial plans for reconstruction and begin development of construction documents for the new complex, requiring additional time and cost," the company said. Currently, a new reconstruction project of Borjomi-Likani sanatorium has been developed.
According to the KMG Service, Kazakhstan has invested about $6.5 million since 2006.