Posted: 4 years ago

Bank of Georgia to Invest 7.4 million GEL in Wine Museum

Wine Museum has opened in Mtskheta with the financial support of Bank of Georgia. The project is implemented by LLC Royal Wine Cellar.

The company plans to build a complex with 42-suite premium-segment hotel, 500-seat restaurant, and winery. The complex also includes a vineyard on 3 hectares.

The total value of the project is 17 million GEL. The Bank has invested 7.4 million GEL.

The project implementation will be finished by 2022. At this stage, the company employs 30 persons, however, the figure will rise to 100 persons after the complex inauguration.

‘We are happy that a very interesting project was inaugurated with our co-participation. This attractive project will include Wine Museum, hotel, and restaurants. Our guests will taste the magnificent wines manufactured at the local winery, pleasantly spend time together with family members and friends. We would like to wish success to our partners. We believe the complex will become popular upon inauguration and the project will bring real economic benefits”, Bank of Georgia corporate banking director Zurab Kokosadze noted.