Financial expert and business adviser Nika Shurgaia says that in an environment where “lies have become the norm” for the Georgian Dream government, any discussion about the Eagle Hills development project is meaningless until the full contract is disclosed. Speaking on TV-program Analytica, he argued that without transparency, the public cannot evaluate the project’s real scale, risks, or financing model.
Shurgaia pointed to what he called two major contradictions in government statements: the shift from the original claim of 1 million square meters of development to different figures, and the revelation that part of the supposed $6.6 billion investment must come from citizens’ pockets. These inconsistencies, he said, show a pattern of “fundamental lies” that the government neither explains nor apologizes for.
He emphasized that the amounts currently discussed publicly represent only a small portion of the actual project value. Before debating potential benefits or drawbacks, he said the country must “take a step back,” assess who the government is partnering with, and determine whether its word can be trusted.
Until the contract is fully published, with all key terms, obligations, and financial details, Shurgaia believes that any public or expert commentary remains speculative. “We are dealing with serious liars,” he said, “and without seeing exactly what is planned and how it will be executed, all discussion is speculation.”
