Maqro Continues its Green Construction Business in Georgia

On May 28, a presentation of MAQRO Construction’s new Green Diamond project was held. The investment value of the new project is up to 115 million USD. As part of the event, the successful completion of the Green Budapest residential complex was also celebrated.

The grand ceremony was attended by Ketevan Bochorishvili, the Deputy Minister of Economics and Sustainable Development of Georgia, along with representatives of the government, the diplomatic corps and the company’s management, as well as residents of Green Budapest and potential customers interested in the new project.

“We believe that MAQRO construction’s investments support and contribute to the strengthening of the economy and deepens the relations between Turkey and Georgia. We have the honor to enrich the capital of Georgia with a unique and completely different residential complex in Green Diamond,” said the Deputy General Director in Project Development, PR, Sales and Marketing, Mr. Oguz Kaan Karaer.

During the presentation, which was held in the inner territory of the recently completed residential complex Green Budapest, it was announced that the Green Diamond project had started in May in Dighomi, an ecologically clean district of Tbilisi, next to the Olympic facilities.

A unique residential complex is being built in Tbilisi on the area of almost 70.000 m2 with 23.143 m2 inner, green territory and will offer a unique, affordable home in Tbilisi. A total of 23 living blocks and 1772 apartments will be built, along with swimming pools, children's playgrounds and outdoor and indoor sport facilities, basketball courts, walking and running tracks, commercial areas, social terraces, as well as a kindergarten and a school.

Since 2013, MAQRO Construction has invested up to 70 million USD in the Georgian market and plans to invest an additional 150 million USD. Along with its own Green Budapest project, the company implemented France's Accor Group’s 4-star hotel brand Mercure Tbilisi Old Town construction, as well as the Bellissa furniture store chain. Maqro Construction will also celebrate the opening of the new Dinehall 5-star restaurant on Rustaveli avenue this June. In the near future, the company also plans to start the construction of Accor Group's Ibis Styles hotel. Maqro Construction also owns 20 000 sq.m of land next to the airport highway, where it plans to build a shopping center for home and decorative items.

Eka Karsaulidze

30 May 2016 19:08