The construction work of president Saakashvili's favorite project "Lazika city" has officially been launched. According to Georgiatoday, on September 27 Saakashvili opened the city's first building, an administrative center, which will serve for port and city administrations. During the ceremony Saakashvili spoke about the economic development of the area, stating that foreign investors will come and invest in the construction of Lazika. Georgian president also added that Lazika will be the largest city in the Black Sea coast of the country. Lazika project located south to Anaklia, a sea resort right to the south of breakaway Abkhazia and north of Kulevi. Currently, Batumi and Poti ports can only accommodate maximum 250 containers. It is expected that Lazika port will receive its first freighters in autumn 2014. Saakashvili unveiled the project last year. Ten years from now, President Mikheil Saakashvili said, Lazika will be Georgia's second-largest city after Tbilisi, which has a population of about 1.5 million, and a leading Black Sea trading hub. The government of Georgia has already been in talks with several large investment groups in Asia and Europe to attract interest from investors. ? Much criticism has been voiced regarding to the project, with many of them also pointing out the potential to harm the flora and fauna of the Kolkheti National Park, which lies adjacent to the selected area.? According to Commersant, if "Georgian Dream" coalition comes into power, it is not going to continue to build Lazika. The construction of the new city is planned between Anaklia and Kulevi. Kolkheti National Park is located in this territory. Caucasus Environmental Network announces that the construction of the new city will be a threat to Kolkheti National Park. Besides, negotiations regarding construction of hotels in Lazika are being held with several groups of investors. P.S. During the parliamentary elections of Georgia on October 1, 2012, won "Bidzina Ivanishvili's - Georgian Dream" which collected 55.08% of elector's voices.

Georgian president Mikheil Saakashvili laid the foundation for the construction of Alphabetic Tower in Batumi, a Black Sea resort town. 130 meter tower will be decorated with 33 letters (7 meters each) from Georgian alphabet. The top of the tower will be decorated with spherical glass construction. Inside this sphere will be a rotating restaurant and an observatory, making one full turn in 60 minutes, which will allow the visitors enjoy the view of the city and the sea. Alphabetic tower will be also equipped with TV studios and four elevators. "The Georgian alphabet is our DNA, our genetic code. Today, we kick off construction of Batumi's Eiffel Tower and we need to complete it in five months," Saakashvili told journalists. The tower is designed by Spanish architect Albert Domingo Cabo and the construction works will be implemented by Georgian company "Magi Style". Within the next days, construction of Batumi funicular will also start on Pheria Mountain and the negotiations are being conducted with "Doppelmayr Garaventa Group" Austrian-Swiss company which is world's leader in this field. Also mention this company recently realized the construction of the longest ropeway in the world in Tatev monastery, Armenia.

Recently Chairman of the administration of the President of Georgia reported about construction of high class residential complexes by American magnate Donald Trump. The protocol of intent between the Trump Organization and the Georgian building company Silk Road Group has been recently signed during the visit of Georgian President Mikheil Saakashvili in New York, where he attend the UN General Assembly Session. According to Executive Vice President of Trump Organization, Michael Cohen, they intend to build complex with unique architecture, interior design and comfort. Construction site for the future complex in Tbilisi is likely was selected during the Cohen's July visit to Georgia. Preliminary intentions of Trump Organization consists construction of housing both in Tbilisi and Batumi. It is interesting to note, that house prices in Georgia today, the lowest in the region and in terms of investment attractiveness, this project raises some doubts. However, the Government of Georgia makes every effort to create a more attractive environment for investments in the country and it is likely to succeed today.

Georgian authorities draw serious attention to the development of tourism in the country. As noted by the Prime Minister Nika Gilauri on September 11at a meeting in Batumi, after 8 months of 2009/2010, tourists arrivals grew by 34% and made up 1 350 000 people. However, the authorities are obviously concerned about the state of affairs in the deployment of such a flow of tourists, and take a number of immediate measures to remedy the situation. Thus, President Mikheil Saakashvili made a revolutionary proposal for businessmen to provide free of charge land in Kobuleti pine forest to build 27 tourist complexes. He also promised to build all the necessary communications for free, finance the architectural project works, and finally provide a five-year tax exemptions for those entrepreneurs who will do it before September 1 of next year. Note that policies to promote tourism in Georgia are conducted by the authorities of the country for many years. The President also drew attention to the significant increase in investment in the hotel business in Tbilisi. Thus, according to him, the hotel "Kempinski", which is being constructed in Tbilisi, at the site of the former Institute of Marxism-Leninism, will be one of the best in all East Europe. Completion of hotel construction is planned to be in 2012 and is implemented by United Arab Emirates - based Abu Dhabi Group. It is interesting to note that last year, during excavation works on the construction site of the hotel, a secret Stalin's prison was discovered, about which no one had been informed before. According to Dr. Timothy Blauvelt, (a political scientist who teaches a course on Soviet history at Tbilisi State University ), during the construction of the institute in 1930, Lavrenty Beria almost every day visited the construction site ... Now it is clear why...