Business
Posted: 3 years ago

VM Industry to Build New Hotel in Anaklia

VM Industry Company plans to build a new hotel in Anaklia, Samegrelo Region.

The company has bought land of 4,946 square meters and buildings on them in Anaklia at a public auction. Under the auction terms, the winner company must build a new hotel complex and invest at least GEL 5 million in the project implementation (excluding VAT). VM Industry company is owned by Vladimer Pangani (50%) and Lina Ma (50%).