Spanish ‘Relais of Termal Group’ to Invest in Medical Tourism in Georgia

Representatives of world-famous spa and health centers Relais of Termal Group were in Georgia to explore the country’s perspectives in the creation of various balneology centers. Moreover, Spanish experts made specific investment offers for the Racha and Imereti regions.

For this purpose, representatives of the company, headed by the Director General of Relais of Termal Group, Fernando Fraile Garcia, visited Utsera village – one of the oldest villages in Racha. There, Spanish experts plan to build a balneological-rehabilitation center. The company also expressed its interest in Tskhaltubo, Imereti region, a town famous for its radon-carbonate mineral springs.

The Spanish delegation met with David Saganelidze, the Head of Georgia’s state-owned shareholding Partnership Fund. The parties discussed the current business environment, investment potential and cooperation perspectives. The Partnership Fund’s management informed the Spanish delegation on the mandate, priorities and strategy of the Partnership Fund.

Relais of Termal Group were encouraged to visit Georgia after the Partnership Fund went on a business trip to Spain in April 2016. The parties agreed to consider medical tourism development perspectives and exchanged information in the medical tourism field.

Eka Karsaulidze