29 November 2021,   13:14
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In just a year’s time, the first Outlet Village in Georgia will open - Irakli Garibashvili

It is truly exciting to see the launch of the construction of the region’s first Outlet Village. In just a year’s time, the first outlet village in Georgia will open to serve both Georgian citizens and millions of our country’s visitors, Georgian Prime Minister stated in his speech at today’s presentation of the Outlet Village project"s presentation, as part of which he, together with the project"s investors and partners, buried a symbolic time capsule to mark the launch of construction.

Irakli Garibashvili emphasized the enormous importance of this project valued at about GEL 70 million and implemented by Domus.

“We are talking about GEL 70 million in foreign direct investments. We are also excited to see that, after opening, this Outlet Village will employ 2,000 people. Also, 500 people will be employed in the process. We are happy to have a Spanish company involved in the project"s designing. This company has designed Outlet Villages in Madrid and Barcelona. It is also exciting to have our new trade space managed by an American-European outlet management company. The Government pays enormous attention to tourism development as one of our key priority directions. As you know, more than 9 million tourists visited the country in 2019. Needless to say, the pandemic has undermined the tourism sector, among others, though we are quite optimistic, because the economy is recovering very fast. This year, we have already had a million tourists in Georgia. We have succeeded in recovering the economy in a very short period. We have a 12% growth, and the signals and messages coming from business are very promising”, - said the Head of Government.

He wished success to Domus, the project’s investors, and everyone employed under it.

In 2022, Georgian Outlet Village and Resort Group will complete the initial phase of construction of the Outlet Village stretching 10 hectares of land. The project"s investment value is GEL 70 million. The construction of Outlet Village will create 500 new jobs, while set to employ more than 2,000 people after the launch of operations in full.

The event celebrating the launch of Outlet Village’s construction was attended by members of Georgia’s executive and legislative branches and members of the business community.

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