Armenia invests in Georgia
Read on the website Vestnik KavkazaArmenian citizens are increasing their investments in Georgia. Batumi
will have two hotels opened this year, Business Georgia reports.
A sanatorium and a concert hall will be opened. Armenian citizens
invested $4 million in hotels in Batumi and Kobuleti. The local
authorities gave investors in them free land and lifted taxes for 15
years, the Erkir newspaper reports