PM states no Georgian land is being sold to foreigners; state retains co-ownership, partner cannot alienate land
PM states no Georgian land is being sold to foreigners; state retains co-ownership, partner cannot alienate land

“The Georgian state will remain co-owner of the land plots, and as for land alienation, the partner company has absolutely no ability to alienate the land,” Georgia’s Prime Minister Irakli Kobakhidze stated during his interpellation hearing in Parliament.

According to him, this land can only be used for a single purpose: the implementation of the specific development project.

“This is guaranteed by the contract signed between the state and Eagle Hills. Both plots are non-agricultural land which, after construction is completed, will no longer have autonomous value; the land will be attached to the respective buildings and structures. In other words, the land will no longer have autonomous value because it is non-agricultural land. One of the messages from this project’s opponents is that Georgian land is being sold to foreigners.

It can be stated very simply that no Georgian land whatsoever is being sold to foreigners. The message we wish to convey to society is straightforward,” declared the Prime Minister.

According to the Prime Minister, no substantive point from the aforementioned contract is unknown to the public.

“I want to ask parliamentarians to theoretically imagine any point that might be included in this contract about which you’d like to receive information. One such theoretical issue was raised by a representative of one party, who expressed doubt that the construction of mosques was provided for in this contract. You can even pose such hypothetical questions, for example, whether anything of this sort is included in the contract. As with the case of mosques, we clarify that no provision for the construction of mosques is included in this contract.

Moreover, it can generally be stated that no non-commercial provisions have been incorporated into the contract. For instance, there are no clauses relating to mosques or privileges for foreign buyers. The contract makes no provision for any special privileges, including those concerning the issuance of residence permits.

Additionally, no discriminatory clauses have been included that would disadvantage Georgian citizens. For example, it does not specify who can be employed here or who is eligible to purchase property. All of these matters will be governed by standard market regulations, just as with other investments.

You can ask any theoretical question; if there’s any theoretical point that might be included in this contract which, in your opinion, might be detrimental to the state or our citizens, I’ll answer readily. Every substantive issue provided for in this contract is known to the public, and given the high public interest, I have personally shared this information with society,” the head of government stated.