Natia Turnava, Minister of Economy declares, that the price of 15 sanatoriums, located in Tskaltubo, is over 47.5 million GEL. In addition, Turnava denies reports that Bidzina Ivanishvili also plans acquisition of privately owned properties under the Tskaltubo Development Project.
"The property will be offered at a market price. Though the real market price will be determined by the open auction, in the condition of open supply and demand. As of today, the initial price is 47.5 million GEL. 15 objects are currently state owned. How realistic this price is will be revealed during the auction process.
No one is going to redeem anything privately owned. On the contrary, if you look at today's meeting, private business is very hopeful and they intend to boost their investments in this project, "said Natia Turnava, Minister of Economy. According to the minister, project should be completed by 2024.
To remind, Bidzina Ivanishvili, Chairman of Georgian Dream plans to redeem 22 hotels and 9 baths in Tskaltubo and rehabilitate the resort.
15 sanatoriums are at the balance of National Agency of State Property at the Ministry of Economy and Sustainable Development.
The list of the sanatoriums:
Sanatorium "Samgurali"
Sanatorium "Megobroba"
Sanatorium "Geologi"
Sanatorium "Imereti"
Sanatorium "Gelati"
Sanatorium "Tbilisi"
Sanatorium "Rkinigzeli"
Sanatorium "AIA"
Sanatorium "Piliali"
Sanatorium "Ushishroeba"
Sanatorium "Tskaltubo"
Sanatorium "Medea"
Sanatorium "Savane"
Sanatirum "Tskaltubo"
Sanatorium "Sinatle"
Technical details and privatization terms of the project are not known at this stage.
