In total $100 million will be invested in an artificial island in the shape of a palm tree planned to be built in Georgia's Black Sea resort town of Batumi.
Ambassador Island is the name of the project which will be developed on 90 ha in Tamari settlement, at the entrance to the city, near Batumi Central Station.
Photo: Jaba Surmanidze/Facebook.
Ambassador Island will unite two artificial peninsulas and one artificial island where commercial, entertaining, sport, educational, recreational, residential and touristic infrastructure will be developed.
As announced the project will employ more than 2,000 people.
In the meantime, it is planned to start in-depth research of the area.