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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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MORE NEWS

Dockers urge for pay rise, improvement of work conditions

04.11.12 17:46

Employees of port of Poti continue their strike for the fourth day already. 70 percent of the dockers refuse to work until their demands are satisfied. They urge for pay rise and improvement of work conditions. More...

Female miners join colleagues in strike in Tchiatura mine

04.11.12 17:42

Miners continue strike in Itkhvisi mine at the depth of 2 thousand meters in the town of Tchiatura. On the 23rd day of the strike, female miners also joined their male colleagues today. More...

Energy Minister sells shares of SakHidroMsheni JSC

04.11.12 16:14

Kala Kapital Company owned by Georgia`s Energy Minister Kakha Kaladze has sold its shares of SakHidroMsheni JSC. The shares have been purchased by GMC Group Company, although the exact sum teh company has paid for them is yet uncertain. More...

Tbilisi Mayor opposes Finance Minister of Georgia

03.11.12 17:54

Tbilisi Mayor opposes to the finance minister of Georgia. Gigi Ugulava said Minister Nodar Khaduri has misled Prime Minister Bidzina Ivanishvili over the social insurance programs for residents of the capital city. More...

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Georgian president`s administration responds to PM`s call

02.11.12 19:41

Georgian President’s administration has responded to the prime minister`s proposal regarding moving to the state chancellery from the president`s palace for purpose of cutting down expenses. More...video clip 

Cabinet discussed amendments to the state budget 2013

02.11.12 15:04

Cabinet of Minister assembled at the Government`s chancellery today to discuss the amendments to the state budget 2013. Prime Minister Bidzina Ivanishvili held a special briefing today and announced the projects and the official structures, the funding of which will be reduced next year. More...video clip 

Finance Ministry to investigate budget expenditures

01.11.12 12:39

Ministry of Finance of Georgia begins to investigate the possible misappropriation of funds by official structures from the state budget. Minister of Finance Nodar Khaduri says the internal audit will look into specific facts of spending funds from local and central budget.More...

Cabinet`s session accompanied by protest rallies

31.10.12 20:43

The new composition of the Cabinet of Ministers of Georgia met today at the state chancellery. At the three-hour meeting the state budget, people affected by natural disasters, accommodation problems of internally displaced people and socially vulnerable citizens ere discussed. More...video clip 


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