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Adjara seeking investor for construction of refrigerating facilities in Batumi

Georgia Materials 11 April 2014 21:23 (UTC +04:00)

Tbilisi, Georgia, April 11

By Nana Kirtzkhalia - Trend:

The government of Georgian Adjara Autonomous Republic is seeking an investor for construction of refrigerating facilities in Batumi.

To this end, some 1,198 square meters of land on the Javakhishvili Street and buildings on this street were put up for sale, according to the autonomous republic's government.

The starting price is 250,000 laris ($1 = 1.74 lari).

The auction will take place on April 22.

Under the terms of the auction, the investor is required to build refrigerating facilities 14 months after the contract's registration and invest no less than 800,000 Georgian laris.

Translated by E.A.

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