Eagle Hills to Make Multi-Billion Dollar Investment in Georgia
Development company Eagle Hills has announced a historic, multi-billion dollar investment in Georgia, marking a major milestone for the country’s economic development.
Following months of negotiations, high-level visits, and strategic discussions led by Georgia’s Ministry of Economy and Sustainable Development and Enterprise Georgia, an agreement has been reached with the investor, and suitable locations for the project have been selected.
The deal is considered a major achievement for both Georgia and Enterprise Georgia. While the country has attracted significant foreign investment in recent years, a project of this magnitude is unprecedented. It aligns with Georgia’s broader investment strategy, which the agency has consistently communicated to the public.
Eagle Hills, founded by Mohammed Ali Rashed Alabbar, is a globally recognized development company. Alabbar is also the founder and managing director of Emaar Properties, one of the world’s largest investment groups. Eagle Hills has a strong presence in 17 countries, delivering large-scale real estate and infrastructure projects.
The investment is expected to have a transformative impact on Georgia’s economy, further strengthening its position as an attractive destination for international investors.
