Georgia To Develop Dubai Style Artificial Palm Islands Off Batumi

Constuction permit awarded, construction investors being sought

The Georgian Prime Minister Irakli Garibashvili has laid the founding stone and presented the construction permit for the development of the US$100 million “Ambassador Batumi Island” in the Black Sea resort city of Batumi, on Georgia’s Black Sea Coast.

The palm-shaped Ambassador Batumi Island, reminiscent of the UAE’s Palm Islands resort, includes the creation of two artificial peninsulas and one island of the ultra-modern entertainment-refreshing type resort and the arrangement of the relevant infrastructure on them, combining entertainment-health, sports, educational, commercial, and residential tourist destinations.

“Today we are launching a unique, world-class project that is truly outstanding in the Black Sea region”, Garibashvili noted, adding that the project would contribute to the growth of the “already strong” international reputation of Batumi and the economic progress of Adjara.

Batumi is also an important BRI seaport, assisting goods from the EU Black Sea ports in Bulgaria and Romania head east via rail connections through to Azerbaijan’s Caspian Sea Port at Baku, where they can continue east to China via Kazakhstan, or head south via Iran and the INSTC to the Middle East and beyond. Batumi also has shipping connections to Turkiye.

The initiator of the project and investor, Moscow born Georgian entrepreneur Tornike Keburia, has said that the company has created “truly unique” projects in different regions of Georgia, including the capital city of Tbilisi, Georgia’s wine region of Kakheti, and the seaside resort town in Adjara.

Prime Minister Garibashvili pointed out that the company and its founder went through all the necessary procedures, carried out the expertise of the project, involved relevant research institutes, and stated that the project has complied with the environmental and safety standards. Garibashvili also said that Georgia “needed to implement” such large-scale projects, emphasizing that the Batumi Island project shows that today there are “unique conditions” in Georgia.

The Co-founder of the project, Pridon Katamadze, has previously stated that construction of the first palm-shaped artificial island will be finished by 2028, while the preliminary works are already underway. Once completed, the construction will start, taking five years. “We will invite international architects, designers, constructors and as soon as the economic viability is approved, the construction will start.”

The island will be built in Tamari settlement, at the entrance to the city, near Batumi Central Station. Georgia has a Free Trade Agreement with Turkiye, while the project may also be of interest to developers who were involved in Dubai Palm Islands project.

• Previous Article Establishing A Representative Office In The UAE
• Next Article Singapore As A Gateway To Asia For UAE Based Businesses