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"Live In Kazbegi" - Lik Development Plans To Invest At Least GEL 30 BLN

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Natia Taktakishvili
21.09.22 16:00
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A new settlement is being built in the Sno Gorge, Kazbegi region. The investment is estimated at GEL 900,000. Project "Live in Kazbegi" is implemented by "Lik Development" LLC, founded in June 2021, which 100% shareholder is Aleksi Ghudushauri.

As the representative of the company explains, "Live in Kazbegi" is a test project, after which the investment might increase significantly.

"This will be the first well-orgnized settlement in Kazbegi. We are currently building only 5 houses on a total area of ​​3200 m². The investment volume is approximately GEL 700,000-900,000. The houses will not be sold to citizens of other countries," explains Aleksi Ghudushauri.

The completion of the small project is planned for next year, after which the company plans to make a larger investment in the Sno Gorge.

"We are going to invest at least GEL 30-40 million in the direction of tourism in this area, everything depends on the investment environment, if everything goes well, we may increase this amount to 120 million", - Aleksi Ghudushauri said.

At the moment, the construction process is taking place in the village of Achkhoti (Sno Gorge), located 3-4 km away from the center of Kazbegi. "Live in Kazbegi" includes 52 construction projects, the total area of which is 13,500 square m. Current and planned projects are planned in Kazbegi, Gudauri and Tbilisi territories.