$100 mln to be invested in palm-shaped artificial island planned for Georgia's Black Sea town, Batumi
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In total $100 million will be invested in an artificial island in the shape of a palm tree planned to be built in Georgia's Black Sea resort town of Batumi.
The project titled Ambassador Island is scheduled to be developed on 90 ha in Tamari settlement, at the entrance to the city, near Batumi Central Station.
Ambassador Island will unite two artificial peninsulas and one artificial island where commercial, entertaining, sport, educational, recreational, residential and touristic infrastructure will be developed.
Reportedly, the project will employ more than 2,000 people.
In the meantime, it is planned to start in-depth research of the area.
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