The new investment fund engaged in construction activity will appear on the Georgian market in the next few days. The fund is going to be set up by a businesswoman Maya Rcheulisvili.
The founders will offer investors free land assets and will co-financee the counstruction, after which the shares will be distributed equally – 50%- 50%.
Maya Rcheulishvili speaks about free land assets worth $ 20-22 million where the construction has already started. Rcheulisvili will attract the investor to finish the construction.
As for the mechanism of work, in Rcheulishvili’s words, the tender will be announced for each project and the company will put up lots.
The first agreement will be signed with “Gino Paradise” owner Nodar Giorgadze this week.
Maya Rcheulishvilis explains that the idea of creating her own investment fund came after she became convinced that dealing with the Georgian banks is disadvantageous. The businesswoman points out that the banks themselves are interested in the construction business, so they are trying to hinder her business.
In her words, many businessmen have already showed their interest in the initiative and investing in the construction field, namely, Georgian Jews are going to invest money.