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CBD Development to invest $60 million in Georgia's economy

Georgia Materials 5 August 2013 10:29 (UTC +04:00)
Georgia’s Minister of Economy and Sustainable Development, Deputy Prime Minister of Georgia, Giorgi Kvirikashvili and the director of CBD Development Tomas Gizas will scrutinise the construction of a new shopping and entertainment centre on the Kakheti highway on Monday.
CBD Development to invest $60 million in Georgia's economy

Georgia, Tbilisi, August 5 /Trend N.Kirtzkhalia /

Georgia's Minister of Economy and Sustainable Development, Deputy Prime Minister of Georgia, Giorgi Kvirikashvili and the director of CBD Development Tomas Gizas will scrutinise the construction of a new shopping and entertainment centre on the Kakheti highway on Monday.

The project is being implemented by Cube Capital, a partner of CBD Development which has $1.3 billion assets. CBD Development will invest $60 million at the initial stage of the project.

The construction of the shopping and entertainment centre began in the spring of this year and will be completed in September 2014.

The shopping centre will employ more than 2000 people.

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