Eco Green City project will start in Tbilisi in 2017

The $700m project envisioned building an Eco Green City near Tbilisi Sea territory. Photo by, 24 Nov 2016 - 13:20, Tbilisi,Georgia

Georgia’s capital Tbilisi will soon welcome a new green city that will be the first of its kind in Eastern Europe.

Georgia's state-owned shareholding company, the Partnership Fund (PF), has teamed up with Slovakian Gino Green City Corporation to build the Gino Green City in Tbilisi.

The two companies are now designing the project and plan to start construction works in the second half of 2017.

The total cost of the project will be $700 million.

The project envisioned building an Eco Green City near Tbilisi Sea territory. The area surrounding Tbilisi Sea will undergo major infrastructural development to turn the area into a bustling district with sport and recreation centres, trade districts, residential villas, cottages and apartments, an ecologically friendly housing area and more.

Tbilisi City Hall has already allocated 261 hectares of land to the project. The whole area will be classed as an Eco Green City where 90 percent of the energy used by all facilities will be generated from solar, wind, hydro power and bio gas.

The Tbilisi Sea development project also included building kindergartens, schools, medical and rehabilitation centres.

Recently an Olympic Village boasting about a dozen apartment blocks and five-star Hualing Tbilisi hotel opened on the shorelines of Tbilisi Sea.

In the future Tbilisi Zoo will be relocated near Tbilisi Sea after it was mostly demolished in the June 13 flash flood.