Investment

Company Of Mamuka Khazaradze and Badri Japaridze to Build 100-Suite Hotel in Tsikhisdziri

Company Of Mamuka Khazaradze and Badri Japaridze to Build 100-Suite Hotel in Tsikhisdziri April 29, 2018Leave a comment
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The company owned by TBC Group founder Mamuka Khazaradze and Badri Japaridze will create a 100-suite hotel in Tsikhisdziri. Black Sea Resort company has obtained 90 135 square meter land in Tsikhisdziri and Buknari at state auction for 13.650mln GEL.

The company continues to be founded by TBC Group President and TBC Bank supervisory board chairman Mamuka Khazaradze (33%), Deputy chairman?of the supervisory board Badri Japaridze (33%) and Bob Mayer (34%).?

Under the privatization terms, the 100-suite hotel also need to include a restaurant, conference hall, playground and parking location for 30 vehicles. The fresh hotel will employ as a minimum 30 persons.
Investment worth of the multi-functional hotel complex is 20mln GEL.?

A joint company of Khazaradze, Japaridze and Mayer has already implemented projects for instance Lisi Development near Lisi Lake territory.

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