Ski resort in Svaneti gets 49 million GEL of investments
The Georgian authorities have decided to invest 49 million GEL in the development of the Georgian ski resort in Upper Svaneti. According to "Business-Georgia" citing a source in the government, in the original version of the draft state budget for 2012, there were not such an expense. However, in the revised version of the budget, in allocation of the Ministry of Economy and Sustainable Development of Georgia, there has appeared a new article - the development of ski infrastructure in Upper Svaneti.
According to plans, this project provides for 49 million GEL. Of this amount, 8 million GEL is from the budget, and 41 million GEL - different kinds of loan funds.