GC FUND

GTDF as TOP Investor

14 December, 2018
News Title

Georgian Tourism Development Fund is listed among the Top Investor Companies.

In the third quarter of 2018, the Georgian Tourism Development Fund invested 28 200 000 USD in various projects and in last nine months the total investment volume amounted to 62 705 000 USD.

Currently, the investment portfolio of the Georgian Tourism Development Fund includes ten projects in Tbilisi, Guria, Adjara, Samegrelo, Kakheti and Samtskhe-Javakheti regions with a total investment of US$717M.

In 2016, GCF established the Georgian Tourism Development Fund as a subsidiary, to focus on long-term tourism infrastructure projects with a strong developmental component. Since, then the fund has invested 258 927 035 USD. The Georgian Tourism Development Fund is considering investments which will develop areas with natural potential and turn them into tourist centers with state-of-the-art sport and recreational infrastructure.