Eagle Hills, a leading global real estate developer, is set to invest over $5.5 billion in Georgia—marking one of the largest foreign investments in the country’s history.

The ambitious investment will support two large-scale projects: one in the capital, Tbilisi, and the other in Gonio, a coastal resort area near Batumi. These developments will feature multifunctional complexes incorporating residential zones, hotels, shopping centers, sports and medical facilities, as well as educational institutions.

According to the Georgian government, the initiative is expected to significantly boost the real estate sector, generate thousands of new jobs, and strengthen Georgia's position as an attractive destination for international investors.

The entry of Eagle Hills and Emaar Properties—renowned globally for landmark projects such as the Burj Khalifa and the Dubai Mall—is seen as a strong vote of confidence in Georgia’s stability and investment climate. “This sends a powerful message to other investors about Georgia's reliability and long-term potential,” said Irakli Nadareishvili, Deputy Minister of Economy and Sustainable Development.

The project stems from a Memorandum of Understanding (MoU) signed between Eagle Hills and the Georgian government. According to Nadareishvili, implementation will roll out in phases over the next five to seven years, with the second phase including the opening of a representative office in Georgia.