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.
Within the framework of the program, the historical part of Borjomi and the central park will be renovated; Tskaltubo Central Park and new construction of Cold Lake will be developed; a new boulevard will be built in Zugdidi; the historical area of Kutaisi, the botanical garden, will be renovated, and the Lado Meskhishvili Theater of Kutaisi will be rehabilitated; Batoni Castle and its surrounding area will be developed in Telavi, as well as capital rehabilitation of Telavi’s Vazha-Pshavela Drama Theater; and the historical part of Batumi will be renewed and recreation areas will be developed. The program envisages renovation of historical areas of Kazbegi, Bakuriani and Mestia municipalities and creation of new attraction centers.
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.
