Ambassadori Batumi Island will pay GEL 730,097 to the state budget for extracting sand and gravel without a mining license in Khelvachauri Municipality. Under Government Decree No. 2461, the company has been exempted from the licensing requirement for one year to extract up to 559,741 cubic meters of material.
The sand and gravel will be extracted in the administrative units of Charnali and Thilnari and used to construct an artificial peninsula in the Black Sea waters off Batumi. The company must make the payment to the state budget within one month of the decree taking effect.
Within two weeks of the extraction period ending, Ambassadori Batumi Island must also submit information on the exact volume of material extracted to the National Mineral Agency and the Department of Environmental Supervision.
