Chief of AZAL Builds Hotel in Batumi for USD 31 Million
Tbilisi / 08.05.18 / Turan: A new five-star hotel Grand Gloria opens in Batumi, the government of Adjara said in a statement. The official opening of the hotel is scheduled for June. The head of the Adjara government Zurab Pataradze and the Azerbaijani Consul General Parviz Ismailzadeh visited the hotel.
The investment cost of the project is USD 31 million. At the moment the hotel employs 100 people.
According to the Batumi press, the construction of the new hotel began in 2012, but then it was suspended, as well as a number of other projects, the implementation of which began under the government of the third President of Georgia, Mikheil Saakashvili.
Seven years ago, in June 2011, a plot of land up to 1 hectare was handed over for a symbolic price of GEL 1 to Zarifa Hamzayeva, the wife of AZAL President Jahangir Askerov.
50.8% of the shares of the company Gloria in Baku belong to Zarifa Hamzayeva, and the rest belongs to Jamil Askerov and Malahat Askerova - her children.
Zarifa Hamzayeva together with the daughter of the President of Azerbaijan Arzu Aliyeva is the founder and owner of Silk Way Holding shares. She also owns a large network of perfume shops Gazelli. -02D-
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