Capitol Group Plans to Develop Tourism Business in Shovi, 60 million USD Project Coming

Symmetry company, a member of Capitol Group, is interested in tourism infrastructure development in Shovi, Racha Region.

BM.Ge was told at Partnership Fund that the interested party has already submitted a proposal and negotiations are underway.

Giorgi Jakhutashvili, head of the supervisory board of Symmetry explains that in partnership with the Kazakh investor, Symmetry has been developing a general design for Shovi development. The group considers financial cooperation issue with the Partnership Fund.

According to preliminary estimations, 60 million USD will be spent on Shovi tourism infrastructure development, including 15 million USD will be co-financed by Partnership Fund.
The construction works will start in 2020.

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Capitol Group Plans to Develop Tourism Business in Shovi, 60 million USD Project Coming

Symmetry company, a member of Capitol Group, is interested in tourism infrastructure development in Shovi, Racha Region.

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Capitol Group Plans to Develop Tourism Business in Shovi, 60 million USD Project Coming

Symmetry company, a member of Capitol Group, is interested in tourism infrastructure development in Shovi, Racha Region.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 03

Georgia Sees Surge in Electric Vehicle Registrations 04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06