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Georgian Investment Agency Attracted $ 827 Million of Large and Medium Investment

Georgian National Investment Agency (GNIA)  in 2014-2015  attracted $  827 million of large and medium investment. “CBW” was told at  the Agency.

However, the Agency refrains from unveiling the details. We have no right to disclose the details of investor’s activity and identity without the investor’s consent during  investment and  subsequent period”, – say in  the Agency. A middle-class hotel network plans to  build  a total of 4 hotels worth $  100 million before  2018 in Tbilisi,   Mestia and Adjara. The construction of a  5-star hotel on the territory of the former Mikhailov  Hospital with  an estimated investment of  $ 80 million should be completed in 2017.