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On October 6, 2012, International Investors Association and Ajara Chamber of Commerce and Industry hosted the delegation from Trabzon Chamber of Commerce and Industry. The main purpose of the meeting was deepening business-cooperation and exchange of business proposals between two regions. Discussion was also focused on the regional investment climate and economic development and progress achieved in recent years.

A 50 - storey multi-functional complex will be built in the center of Batumi According to the project’s manager Ali Kaya, the construction company “System Inşaat” will complete its work on the project in the near future and will submit it to the Ministry of Finance and Economy of Ajara for approval in early 2013. Under the investment project, a 50 - storey multifunctional complex will be located on 2382 sq. m area. Kaya explains, the multi-functional complex will be built in the center of Batumi between Trump Tower and Radisson Blue Hotel and the company will invest, as a whole, 60 million USD in the project. The complex’s architecture and design will be worked out by the international company “Broadway Malayan” while the construction works will be carried out by “System Inşaat” company. A reminder: On May of this year , a member of the International Investors Association “System Inşaat” won in the auction announced by the Ministry of Finance and Economy of Ajara and purchased 3 997 sq. m. area in the center of Batumi.

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