China’s Hualing Group finances luxury hotel in Tbilisi Sea New City
Tweet 
Share
A five-star hotel, financed by major Chinese company Hualing Group, has opened on the shorelines of Tbilisi Sea.
The facility, named Hotels & Preference Hualing Tbilisi, was part of the Tbilisi Sea New City – the largest project of Hualing Group in Georgia.
The country’s Prime Minister Irakli Garibashvili attended the hotel opening ceremony yesterday and congratulated investors on successfully implementing this important project. He particularly thanked Hualing Group for investing in Georgia.
The Chinese private enterprise invested $73 million USD (175 million GEL) in building the new hotel in Tbilisi.
Georgia's Prime Minister Irakli Garibashvili took part at the red ribbon cutting ceremony. Photo from the PM's press office/Facebook.
The hotel featured 247 guestrooms, the country’s largest conference hall – measuring 800m2 – with three adjoining meeting rooms, a swimming pool, golf course, fitness hall and billiards room.
Hualing Group is implementing very important investments in Georgia. The Group is investing $500 million USD in our country. The Tbilisi Sea New City is the largest-scale project Hualing Group is implementing in the country,” Garibashvili said.
Earlier, Hualing Group was involved in the Tbilisi Sea Plaza project. When functional the Tbilisi Sea Plaza will be the largest wholesale commercial and retail core in not only Georgia but the Caucasian region. Once operating it will become a goods/trade collecting and distributing center in the Eurasian region.
As for the Tbilisi Sea New City, the project area occupied 420 hectares of land. The entire project was estimated to be completed in 10 years, with about $150 million USD expected to be invested in the first three years.
Garibashvili said the project focused on the economic and urban development of the district. When complete the new city will consist of a residential space and commercial space, each measuring two million m2.
The athletes’ village for the 13th European Youth Olympic Games – commonly known as Tbilisi 2015 – was located in the Tbilisi Sea New City. The athlete’s accommodation was one of the first parts of the project that was completed.
The area surrounding Tbilisi Sea is set to undergo major infrastructural development to turn the area into a bustling district with medical centres, schools, trade districts, an ecologically friendly housing area and more.
A five-star hotel is set to open on the shorelines of Tbilisi Sea in May 2015. The facility will be part of the Tbilisi Sea New City, which is the largest project of Chinese Hualing Group in Georgia.
Georgia’s capital Tbilisi is enjoying a new luxury boutique hotel, funded by a Turkish investor who spent 12 million GEL (about $5.27million /€4.7 million*) to build the new hotel to the city.
High-class French international hotel chain Pullman is opening a luxury hotel in Georgia’s first twisted skyscrapers – the Axis Towers.
The hotel boom is continuing in Georgia’s capital Tbilisi, which now enjoys one more new hotel close to the quiet centre of the ancient city.
A new Chinese airline could soon make history by launching regular flights between Georgia and the United States (US). This was announced after Georgia’s Prime Minister Giorgi Kvirikashvili met a major Chinese investor in Tbilisi this afternoon.
An elevator manufacturing factory will soon open in Georgia’s second largest city, Kutaisi. Chinese company Hualing Group will make a significant investment in the construction of the factory.
Residents living in the eastern suburbs of Georgia’s capital Tbilisi are now able to receive pediatric and adult inpatient services in a new local hospital. Prime Minister Giorgi Kvirikashvili this afternoon opened a new, 100-bed hospital near Tbilisi Sea.
Chinese conglomerate Hualing Group is strengthening its banking arm and business portfolio in Georgia by creating "a universal bank” that is projected to be the third largest player in the Georgian market.
Georgia’s most luxurious hotel opens with impressive display
Georgia’s capital is gladly welcoming the tallest, most luxurious and the first six-star hotel, which invites guests to enjoy a bird’s eye view of the city and a deluxe stay in Tbilisi.
Consulting company PwC reveals Tbilisi Sea development plan
The area surrounding Tbilisi Sea is set to undergo major infrastructural development this year in an effort to turn the area into a bustling commercial and residential district and make the Georgian capital "the best of what the city can be” by 2018.
The Georgian capital of Tbilisi will have one of the largest trading centres in the South Caucasus as Hualing Tbilisi Sea Plaza has officially opened today. With a total investment of around $150 million USD (about 370 million GEL) the trading centre offers up to 400 shops.