In Batumi, there will be built the "Hilton"
The company TOURINVEST intends to implement two investment projects in Batumi. According to the "Business-Georgia" with reference to the Association of international investors, it will construct a hotel and residential building in the territory of the former tourist camp. New buildings will work under the brand "Hilton".
At this stage, there have been already laid the foundations of buildings, as well as the work on the arrangement of underground parking has been completed.
According to the head of office of legal issues and public relations of the company TOURINVEST Roman Putkaradze, the project cost amounts 90 million euros. "We appealed to the Government in connection with certain tax obligations. According to the decision, the sum of GEL 4 million paid as VAT will be returned to the company and will go to the construction of the underground parking" - he added.