Lilo Mall Postponed Expansion Plan Until 2021

"Lilo Mall" has postponed the expansion plan until 2021 - Giorgi Kvaratskhelia, general director of the company declared on this matter.

According to him, at this moment, they are compensating the losses which the company received as a result during a pandemic.

"As soon as the situation will be stabilized, we will think about expanding. This won't be this year since 2020 is a very difficult year for business.", noted Kvaratskhelia.

As it is known, Lilo Mall was planning to develop additional 9 hectares of territory for 2020. The project envisaged creating parking places. Part of the territory is already owned by Lilo Mall and the company planned to buy the rest area.