The UAE will host Expo 2020!
  • Arabic
Supported by the UAE National Media Council
We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

RAK and Georgia unveil Dh3b investment plans

posted on 18/02/2007: 839 views



Georgia and Ras Al Khaimah announced yesterday the establishment of a business partnership worth Dh3 billion aimed at tourism, shopping and real estate investments in Georgia. The initiative will also promote the transfer of management skills in the private sector.



Speaking to Gulf News at the end of his two-day official visit to the UAE, Mikheil Saakashvili, President of Georgia, said the country is willing to imitate the UAE style in building businesses and creating an international image.



After a meeting yesterday with Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras al-Khaimah. Saakashivili said the partnership initiative includes construction of a whole new town called "Tiblisi Heights" and other tourist facilities in the Georgian capital. It includes the building of a shopping mall in the capital and a number of key projects in other parts of the country.



Tiblisi Heights will cover two million square metres and the area of the shopping mall which will be the biggest in the country will cover 150,000 square metres.



Speaking about tourism, Saakashvili said Georgia is keen to attract tourists from the Arab world. "We have many locations that suit the tourist profile of people from the region. These features include a rich culture and a variety of virgin sites stretching from the mountains where we host skiers to clean beaches for swimmers," he said.



He said Georgia is preparing its economy to be part of the EU and this itself offers great investment opportunities for businessmen from the UAE. "Georgia and Ras Al Khaimah were able to build a strong partnership in a short period of time. A ministerial delegation from Georgia visited RAK recently and a team of local executives from RAK followed it up by visiting Georgia in just a week's time and took many decisions, which was truly inspiring," he said. (Gulf News)

RELATED ARTICLES

29 June 2017 Mohamed bin Zayed gets phone call from Bill Gates
22 June 2017 Mohamed bin Zayed, Serbian President discuss bilateral ties of friendship, cooperation
22 June 2017 Mohamed bin Zayed holds talks with French President
22 June 2017 Abu Dhabi Crown Prince, French FM discuss strengthening relations
14 June 2017 Mohamed bin Zayed and President of Russia discuss regional development, efforts to combat terrorism


Most Read