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Lazika project scares Russians

03.01.12 13:34

The project of a new resort city, the construction of which begins this year in Samegrelo Region, Georgia, has scared Russians. Political analysts and media believes that Russia`s investments made in the development of Olympic Villages in the seaside resort of Sochi, will be just a waste of funds and time, as Lazika will be the project which will attract tourists in the region.

The author of an analytical article published on Russianrealty.ru website, Albert Akopyan says he sees no chances of the development of Sochi; the investments will not be profitable as the business sector has already confirmed this.

According to experts, teh hotels in Sochi will lack visitors after the Winter Olympics 2014, as the development of the seaside resort needs not only hotels, but development of tourism, shopping tours, food and wine tours, which do not work in Sochi currently.

Akopyan says Lazika will be the second success of Georgian tourism after Mestia, adding the new airport in Zugdidi grew the prospects of the resort development.

The journalist emphasizes the speed, sort and the low prices of construction business, which finally is reflected on the price of product. Akopyan says the president of the neighbor country will organize to bring international festivals to the new city of Lazika from Europe and the Black Sea states, which diminishes the prospect of Sochi development as a resort.

 

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Desperately looking for competent personnel: PM Gharibashvili

13.03.14 19:09

Reforming public agencies remains a priority for the country and replacing incompetent officials with professionals is planned to take place gradually, - Georgian PM said. More...video clip 

Georgian government to provide financial assistance for having 3 kids

11.03.14 18:07

The Georgian government intends to provide financial assistance for parents having three kids, the office of the prime-minister of Georgia reports. More...video clip 

Tbilisi City Assembly signs memorandum on dismantling so-called Khrushchovka buildings

11.03.14 17:48

Tbilisi City Assembly has signed a memorandum with the International Trade and Investment Holding of the United Arab Emirates on dismantling the so-called Khrushchovka buildings in Tbilisi. More...video clip 

Locals of Ghurta village urge deputy minister to apology

10.03.14 16:53

Locals of the village of Ghurta of Khulo district of Adjara Region are expected to hold a large-scale protest rally. They are urging government to investigate the incident which took place in the village on March 8, 2014. More...video clip 

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Investigation Service denies allegations of municipal officials

05.03.14 14:49

Investigation Service of the Ministry of Finance of Georgia has denied the allegations voiced by the municipal officials today.More...video clip 

Gazprom to raise gas price for Ukraine

05.03.14 10:04

Russia is using new punitive mechanisms against Ukraine after military intervention in the Crimea - Gazprom chief executive Alexei Miller said on Tuesday that they would raise gas prices for Ukraine from the start of next month because the country...More...video clip 

Russia`s ruble falls amid Ukraine`s crisis

03.03.14 12:12

Russia`s rouble has fallen to a fresh all-time low against both the dollar and the euro after the political turmoil in Ukraine intensified.More...video clip 

Investigation Service of MOF inspects documents at Geocell

14.02.14 10:11

The Investigation Service of the Ministry of Finance of Georgia has started inspection at the telecommunication company Geocell. The law enforcers have refused to comment on the reason of the inspection, however, the company management says it`s an ordinary process.More...video clip 


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