Tbilisi Investment Portfolio and Tbilisi Economic Development Strategy
28 June 2018
On June 28, the Tbilisi City Hall introduced 7 investment projects in Tbilisi.
The City Hall will launch bids in order to replace old sodium light bulbs with LED lights (100,000 bulbs are concerned). The aim is to reduce the maintenance cost and to improve the lighting quality.
Current expenditure of street lighting: 6 530 00 USD
The cost of substitution of street lighting with Energy Efficient LED light bulbs amount to 22 500 000 USD.
The winner will have an exclusive contract for 10 years.
The winner will be chosen on the criteria of the minimal exploitation cost of expenditures.
In order to improve the traffic in the city, the town hall is launching tenders for parking lots.
On one side there are 500,000 light vehicles registered, number that is growing yearly in average by 7% and on the other side there are too few modern parking infrastructures.
4 locations have been introduced. The land plot will be sold for the significant price of 1 lari.
Winner will be chosen on the highest offered bank guarantee for the construction period.
Allocated land plot
Tbilisi Central Railway Station
Tbilisi Concert Hall
The project has the aim to transfer the ownership of 70 ha lands to an investor in order to construct new residential complex, where the inhabitants of dilapidated living blocks will be moved to.
The land will be also handed over for the symbolic price of 1 lari and the City Hall will by the mediator with the population.
The municipality will transfer land to an investor free of charge to construct residential complex for households affected by cooperative constructions.
The winner will be chosen based on the criteria of maximum amount of areas offered.
The Municipality would like to develop the former Radio Factory of 12ha into a public center:
Event halls, hotels, cinema, theaters, museum, game centers, kids’ center, clubs, waterparks, amusement parks, exhibition and art galleries.
The master plan will be finalised in the Q4 of 2018.
Create a 360° view restaurant
© 2018 CCI FRANÇAISE EN GEORGIE