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May 9, 2006 (newstodate): On May 5, the Georgian President and the Turkish PM participated in the ground-breaking ceremony at Batumi International Airport, close to the Black Sea.
The Turkish construction group TAV Georgia and Urban will invest some 15 million USD in the modernisation of Batumi Airport, and the project is envisaged to spur close cooperation and joint utilisation by Turkey and Georgia.
As part of the contract with TAV Georgia, the company has the right to operate the airport for 15.5 years after completion of the projects.
The Turkish construction group TAV Georgia and Urban will invest some 15 million USD in the modernisation of Batumi Airport, and the project is envisaged to spur close cooperation and joint utilisation by Turkey and Georgia.
As part of the contract with TAV Georgia, the company has the right to operate the airport for 15.5 years after completion of the projects.