Tourist Complex to Be Built in Georgia’s Racha Region

Tbilisi – United Arab Emirates-based company Israel Ahmadov Investment announced that it will build a USD 500 million tourist complex near Shaori Lake in western Georgia’s mountainous Racha region.

The first stage of the project will include the construction of hotels and holiday homes. Cottages and residential houses will also be built during the second stage. In total, the complex will include four hotels, a 1,500 square meter yacht club and several restaurants.

The complex will have a special cottage zone with rooms that can accommodate up to five people. The project’s plan also includes the construction of a golf course and racetrack.

Israel Akhmadov Investment currently conducts geological and environmental studies to identify suitable sites for tourist complexes.

If the company obtains a building permit, it does so with the understanding that it must preserve the property’s existing landscape and green space.

Israel Akhmadov is also interested in other large-scale projects in western Georgia, including the completion of a canning factory in Zugdidi and an airport in Senaki.

By Eka Karsaulidze
Edited by Nicholas Waller

25 May 2016 19:56