According to the document published on the official web-page of the State Procumbent Agency, Tbilisi City Hall will pay 1.85 million EUR or 7.4 million GEL to the company DOPPELMAYR to finish construction of ropeway route between Rustaveli Avenue and Mount Mtatsminda.
These are not the major expenditures for the construction of the ropeway, as Tbilisi Transport Company has announced another tender of 7.4 million. The tender winner company must complete the ropeway project within the next 15 months.
It seems that 1.85 million EUR will be spent merely on engineering works.
Initial agreement on the implantation of Mtatsminda-Rustaveli Ropeway project was signed in June, 2012, but since then its technical parameters changed several times.
Project delay is largely due to the change of ropeway stop. Originally, the ropeway station must be placed near the Radisson Hotel, later in 2016 the decision has changed and the building of Academy of Sciences has been determined as the ropeway station.
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