Botanical Garden and Hotel to Be Built in Ganmukhuri

A new initiative from the Cartu Fund and Co-Investment Fund to build a botanical garden and a new five star hotel in Ganmukhuri was announced by Prime Minister Kvirikashvili this weekend.

Cartu Fund plans to invest USD 20 million in the creation of the new botanical garden, a charity project that aims to promote local tourist infrastructure, while the Co-Investment Fund will build a five star hotel with a USD 60 million investment.

According to Kvirikashvili, the new botanical garden will not only be a recreational zone but will also have the important function of preserving unique local Kolkhi plant breeds.

He went on to state that such projects will stimulate potential investor interest in the location and help increase touristic flow to Anaklia-Ganmukhuri, which in turn will result in a consequent rise of income for the local population.

The new hotel will employ more than 2,000 people in the coming two years, while 350 people will be directly employed when the hotel starts to operate.

Nino Gugunishvili

03 October 2016 17:39