• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

PM: 14 Sanatoriums Worth GEL 50 mln on Sale in Tskaltubo

by Georgia Today
July 6, 2022
in Business & Economy, Highlights
Reading Time: 2 mins read
PM: 14 Sanatoriums Worth GEL 50 mln on Sale in Tskaltubo

Prime Minister Irakli Garibashvili has announced that the government will auction 14 sanatoriums in Tskaltubo, the total value of which is 50 million GEL.

On July 5, during his visit to Tskaltubo, at the presentation of the ‘New Life of Tskaltubo’ project, Garibashvili stated that there were two hindering factors in the development plan of Tskaltubo for the government so far:

“The main problem was the question of ownership of water resources – the investor was a private person. On our decision to renovate them, the government officially became the owner of this resource.

“The second issue was the approval of the master plan. The plan is complete. We took into account the uniqueness of Tskaltubo as much as possible. After the 1930s, the development of Tskaltubo was carried out according to a scientifically based plan, and 22 sanatoriums were built, many of which can be said to be works of architectural art.”

He noted that the government plans to start “the process of restoring Tskaltubo”:

“All issues have been resolved – water, general planning… Now we have 14 sanatoriums for sale, the value of which, according to today’s estimation, is about 50 million GEL, and we expect that 500 million GEL will be invested,” he said, adding that 500 million GEL will be a private investment, in addition to which, “the state undertakes to invest tens of additional GEL in order to make Tskaltubo a world-class modern spa-resort, like Baden-Baden and others, as Tskaltubo has the potential for it.”

He noted that 25,000 visitors visited Tskaltubo in 2019 and “this figure will increase in a few years”.

The government believes that the Tskaltubo project will create more than 3,200 new jobs.

“Tskaltubo will offer its guests not only unique thermal waters, but also top-notch vacationing opportunities, an eco-friendly and healthy environment, and natural monuments distinguishing not only Tskaltubo and Imereti, but also all of Georgia,” the goverment claims.

In 2019, billionaire ex-PM Bidzina Ivanishvili launched an initiative to “revive” the Tskaltubo resort, however, he did not purchase any buildings himself.

The construction of sanatoriums in Tskaltubo began in the 1920s, and, over time, it became a place of vacation for the working class. However, with the collapse of the USSR, the resort was abandoned. Most of the buildings are now almost completely destroyed.

By Ana Dumbadze

Image source: Netgazeti

Tags: Bidzina IvanishviliGeorgian Prime Minister Irakli GaribashviliTskaltubo
ShareShareTweet

Related Posts

British teenager faces long jail wait before Georgia trial
Highlights

British teenager faces long jail wait before Georgia trial

May 17, 2025
May 17 marks 20th anniversary of Int’l Day Against Homophobia, Transphobia, and Biphobia
Highlights

May 17 marks 20th anniversary of Int’l Day Against Homophobia, Transphobia, and Biphobia

May 17, 2025
Turnava, Khutsishvili discuss deeper financial ties with EBRD
Business & Economy

Turnava, Khutsishvili discuss deeper financial ties with EBRD

May 16, 2025

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

1 week ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

11 months ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

1 year ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

3 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

3 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

3 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

3 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

3 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Peace talks between Russia and Ukraine resume in Istanbul

Germany urges Georgia to cease anti-EU rhetoric, calls for political course correction

Pololikashvili: My candidacy was traded – let Kobakhidze explain

Tbilisi drops UN tourism chief bid, backs UAE candidate instead

Georgian Parliament slams U.S. ‘MEGOBARI Act’ as hostile, blames ‘deep state’

Georgia reportedly revokes gun permits for Georgian fighters in Ukraine after Russian court order

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2024 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2024 © Georgia Today