Georgian developer’s company ORBI Group intends to invest 200 million lari ($72,3 million) in the construction of a multi-purpose complex in the Georgian city of Batumi, the Minister of Finance and Economy of the Adzhar autonomy, Ramaz Bolkvadze, told reporters on Monday.
According to him, the company acquired a plot of land at the seaside with an area of 15,227 square meters. ORBI Group sets to build there hotels, restaurants, cafes, sports and recreation facilities, as well as children’s amusement centers and an exhibition hall.
The corresponding business plan envisages also the creation of a recreation zone and the construction of Batumi’s first pedestrian bridge intended to ease a traffic movement in the center of the city.
The Minister stressed that about 4,500 guests are planned to be accommodated in the new facilities.