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partnership fund, Tskaltubo

Spanish Relais of Termal Group to Invest in Tskaltubo Medical Tourism Sector

The Partnership Fund executive director David Saganelidze has met with Fernando Fraile Garcia, the manager general for Institute of Spanish Tourism Quality (ICTE) and director general for Relais of Termal Group, the world’s distinguished owner of wellness, spa and balneology centers.

The Spanish delegation members have brought specific investment offers to Georgia. Relais of Termal Group has expressed interest in making investments in the medical tourism sector. The guests make accents on development of Tskaltubo resorts zone and plan to receive information on Region’s investment potential.

At the meeting the parties discussed the current business environment and investment potential, cooperation perspectives. The Partnership Fund’s management updated the Spanish delegation members on the mandate, priorities and strategy of the Partnership Fund.

Managers of Relais of Termal Group decided to arrive in Georgia in April 2016 as part of the Georgian Partnership Fund’s visit to Spain, when the Partnership Fund executive director David Saganelidze met with the founder of Relais of Termal Group Miguel Mirones,  President of Relais of Termal Group and Institute of Spanish Tourism Quality (ICTE). The parties discussed medical tourism development perspectives and exchanged information about their experiences in the medical tourism field.