State program for city and resort development launches
State program for city and resort development launches

The Municipal Development Fund, under the Ministry of Regional Development and Infrastructure of Georgia, has launched a new state program aimed at city and resort development.

To introduce this program, the Foundation organized an open-day event. The initiative for the program comes from the Prime Minister of Georgia, and it will receive one billion GEL from the state budget for its implementation.

The program is set to run for five years, with the first phase focusing on 11 selected locations: Borjomi, Bakuriani, Kutaisi, Tskaltubo, Telavi, Zugdidi, Batumi, Mtskheta, Stephantsminda, Mestia, and Kazbegi.

During the open day event, the Executive Director of the Municipal Development Fund, Davit Tabidze, provided information about the program to construction companies, which included details about the program, upcoming tenders, and the procedures involved.