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Government Offered the Space of the Shop Saunje to Sony Center

August 22, 2007

Tbilisi.22.08.07.Medianews. Giorgi Arveladze, the Minister of Economical Development, said that generally Tbilisi based buildings will be sold to investors only in particular cases.

“There will not be any direct purchases anymore. It will happen only in particular cases when investments will be too important,” said Arveladze after the Governmental meeting.

The Minister of Economic stated regarding the Sony Center that the government has already offered the owners of the shop alternative space-it is shop Saunje. However, the board of the Sony Center demanded the right on direct purchase of the Saktsigni (Georgian Book Association).

Today, Arveladze made comments on the building of the Ministry of Justice. As it became evident, the building in Rustaveli Avenue # 30 will be sold on the auction in September. Starting price of the building is 12 million USD.

The Minister said that principal demand to the purchaser will be to build five-star hotel on its territory that will meet world standards.

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