Georgian Government lets Kobuleti pier on lease

The Ministry of Economy and Finance of Adzharia has put up the 644.6 square meter pier building, located in Kobuleti, for auction, as well as the adjacent non-agricultural land site with the total area of 1064 square meters.

According to the auction terms, an investor shall within 2 years rehabilitate the hydro-technical structures (the pier), and to commission a public use facility in accordance with a project, agreed upon with the municipality.

The term of lease will be 20 years with the initial price of 15 thousand lari. The auction has been scheduled for July 1.

English translation by BSN