18 August 2026,   22:16
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Eagle Hills is entering Georgia with an investment of over USD 6 billion in volume, and such a level of capital investment represents a declaration of the greatest trust in our country - Prime Minister

Eagle Hills is entering Georgia with an investment of over USD 6 billion in volume, and such a level of capital investment represents a declaration of the greatest trust in our country. Such a statement the Prime Minister of Georgia made at the opening of Eagle Hills’ Georgia office.

“Today, we are laying the foundation for a project that marks a new, historic chapter in our nation’s development, in both its scope and significance. Eagle Hills, a renowned global developer, is entering Georgia with an investment exceeding USD 6 billion, thus making it the largest direct foreign investment in the history of independent Georgia.

First and foremost, I extend my heartfelt gratitude to the driving force behind this project, Mr Mohamed Alabbar, as well as to our partners from the United Arab Emirates. Such a substantial level of investment signifies a profound vote of confidence in our country and, equally, serves as a clear affirmation of the effectiveness of our economic policies. It is particularly gratifying that these ambitious projects are being realised by Eagle Hills, a developer renowned internationally for its commitment to quality and innovation. This exemplifies perfectly how the stable, predictable, and favourable investment environment fostered by our government continues to attract leading international business figures.

The scale of the project is impressive, involving the creation of entirely new, modern urban ecosystems.

In Tbilisi, in Krtsanisi, on a 600-hectare site, a new green city is taking shape, featuring residential and commercial complexes, hotels, and recreational spaces spanning over one million square metres. Meanwhile, in Batumi, on the site of the former firing range, covering 250 hectares, a new jewel of the Black Sea coast is emerging, a premium-class resort aimed at developing top-tier tourist infrastructure”, -said Irakli Kobakhidze.

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