Investment Forum Held in Goderdzi Ski Resort

An Investment Forum was held in Goderdzi ski resort, Georgia, organized by the Ministry of Economy and Sustainable Development and Mountain Resorts Development Company.

The Forum was opened by the Minister of Economy, Dimitry Kumsishvili, who introduced the resort’s investment potential to more than 60 participant local and foreign businessmen.

According to Kumsishvili, a development strategy for Goderdzi has already been prepared which includes spatial planning and restoration of the access road to the resort. Within the general development plan, the number of available beds at the resort is expected to increase to 3,500, so generating more employment possibilities and bring significant income.

The resort currently has seven residential cottages as well as a hotel and administrative center. The final plan is for the Goderdzi resort to be ultimately able to receive 7,000 tourists simultaneously.

“The resort officially opened on December 5th, 2015. It is already April and yet the skiing slopes are still in good condition and ski lovers can enjoy themselves to the full,” said Minister Kumsishvili. “We are holding negotiations with investors and locals to reach a number of important agreements this season in order to start the construction of hotels,” he added.

Goderdzi Resort is located at 2,366 meters above sea level and is a two hour drive from the popular seaside resort town of Batumi, Georgia. It boasts an 8 km ski run and two kinds of ski lift: gondola and bubble.

Already visited by Australian, Austrian, German, English, Russian and Ukrainian tourists, the resort was funded with 23 million GEL from the state budget and an allocation of EUR 10.9 million for ski lifts from the Austrian government.

By Ana Akhalaia