Gov’t to regulate use of artificial islands, peninsulas
The bill for regulating artificial island and peninsulas will be introduced to the Parliament next week. Photo: PM's Press Office
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Georgia’s National Agency of State Property has prepared amendments for the Law on the Maritime Space in order to regulate issues related to use of artificial islands and peninsulas created in the territorial seas of the country.
The Government said the amendments would delineate rules for management and disposal of artificial islands and peninsulas to encourage investment on the territories.
The development follows an ongoing, $100-million state project for a palm-shaped artificial island near the Black Sea city of Batumi, construction of which started in 2022.
The Ambassador Batumi Island project involves the creation of two artificial peninsulas and one island for an “ultra-modern” resort for entertainment, health, sports, educational, commercial and residential uses.
The bill for regulating artificial island and peninsulas will be introduced to the Parliament next week.
Georgian Prime Minister Irakli Garibashvili has laid the capsule for the construction of the $100 million “largest investment project” of Ambassador Batumi Island in the Black Sea resort city of Batumi that will employ 2,000 people, the Government Administration announced on Saturday.
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.
An artificial island in the shape of a palm tree is planned to be built in Georgia's Black Sea resort town of Batumi in which 'several hundred million dollars will be invested', head of the government of Adjara Tornike Rizhvadze told local Imedi TV.
Georgia's Black Sea city of Batumi will join locations across all five continents that form the UNESCO Creative Cities Network, a project celebrating hotspots of creative industries and offering opportunities for experience-sharing and collaboration throughout the globe.