All about Construction of Enguri Tourist Center

Colliers, a leading global real estate services and investment management company, has almost completed work on a feasibility study for the Enguri HPP tourist center arrangement.

The feasibility study is ordered by the Georgian Energy Development Fund.

According to Tornike Kazarashvili, Chairman of the Board of Directors of the Enguri Tourist Center, Colliers has developed various investment scenarios for the project.

“Colliers has almost completed the socio-economic research of the Enguri Tourist Center. The investment cost of the project is not specified at the stage, though it reaches several tens of millions, ”Tornike Kazarashvili says.

In Kazarashvili’s words, one of the investment scenarios involves the public-private partnerships project. Apart from that, the government should discuss the construction of the Enguri Tourist Center infrastructure in the near future.

“The final results of the study will be submitted shortly to the Ministry of Economy and Sustainable Development and later will be presented to the government. The government will decide which scenario will be used to develop the project and what type of attractions will be arranged at the first stage. The date of commencement of work is not known yet, though it is not excluded it will be spring of 2021, when Enguri HPP will be shut down for rehabilitation of diversion tunnel, ” Tornike Kazarashvili explains.

The tourist zone will cover 157 hectares and it will include a scientific center, open concert space, and components for extreme sport. It will be a first industrial monument in Georgia, where a museum and media center will be built, with plans in place to install high lookout spots so that visitors can see a panoramic view of the surrounding area.

Tourists can soon venture deep into the dam via 280 meters’ elevator, to discover some parts that were previously open only for workers. According to the calculations, the tourist zone will host about 400,000 tourists yearly.