About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
Saakashvili to Business: 'Open Your Eyes and Invest in Svaneti'
Civil Georgia, Tbilisi / 24 Dec.'10 / 19:03

President Saakashvili called on businessmen to invest in construction of hotels in Mestia, main town of high mountainous region of Svaneti, which, as Saakashvili said, would host at least 500,000 tourists in four years.

The authorities are developing ski resort infrastructure in the region, which, Saakashvili said, “has more potential than the entire Transcaucasus.” He called the region “pearl of the world” and “crown of Georgia”.

Speaking with government members in Mestia on December 24, the Georgian President said that the government would give investors plot of land for “symbolic one Lari” in exchange of building hotels in Mestia.

He, however, said it would not be a scheme similar to one applied in Kobuleti and Anaklia on Georgia’s Black Sea coast, where investors, constructing hotels, will also enjoy with profit and property tax exempts for next 15 years.

“Forget everyone about tax exempts here [in Mestia]. It [this region] will be main source of tax revenues,” he said. “Land for just one Lari - it’s more than enough.”
“I wonder why the private sector is sleeping,” he said. “This is the place… where there will be more visitors than accommodation [to house tourists]… I call on everyone to open their eyes, build [hotels] and become rich and to do that before plots of land are still available here; plots of land are few and we are giving them for one Lari.”

“If I had three or four million, or even two million, I would have invested here,” Saakashvili said. “So think about it and do it.”

Also on December 24, he opened in Mestia a new airfield and said that flights there at the initial stage would be state subsidized in an attempt to provide cheaper air tickets and promote Svaneti’s tourism potential.

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2020, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.