On 2^nd of March, 2016 The Secretary General of International Investors association of Georgia  Osman Chalishkan met with the General Consul of Iran Mr. Hosein Mashhadi  at the Office of IIA. The sides talked about economic, Agriculture, trade and tourism spheres, they have also discussed plans of future cooperation in Business sphere, especially to invite Iranian companies in Batumi and arrange conference to deepening future cooperation between two countries. Secretary General of IIA provided all the information about IIA and its member companies to Consul of Iran. Also several issues were discussed at the meeting. Among them were issues on deepening cooperation in economic, Agriculture, trade and tourism spheres. The Consul expressed his interest on Iranian investments in Ajara. Also he expressed desire to bring Iranian businessmen to Ajara in order to study the region's tourism potential.  At the end of the meeting the sides have exchanged the gifts and expressed that fruitful business cooperation with General Consul of Iran and International Investors Association will continue in the future.

Official delegation of Ajara AR Government led by the Chairman Archil Khabadze paid an official visit to Wroclaw, Poland on February 25-29. The main purpose of the meeting was to sign a memorandum of cooperation between the Lower Silesia and Ajara AR Government. Cooperation with various regions of Poland has been managed successfully for a long time. Economic Forum ‘Wroclaw-Batumi 2016’ was held in order to promote cooperation between Polish and Georgian business circles. Department of Tourism and Resorts of Ajara was involved in tourism fair in Wroclaw for the first time. The fair was opened by Marshal of Lower Silesia Caesar pshibilsky and the Chairman of Ajara AR Government Archil Khabadze. The days of Adjara were held in an exhibition space, in which ensembles of ‘Batumi’ and ‘Khorumi’ participated. It should be noted that the City of Wroclaw was named as the European Capital of Culture in 2016 which further increases the importance and the ability of collaboration between Wroclaw-Batumi. Cooperation has been already planned between Batumi Drama Theatre and Theatre of Wroclaw - Legnitsa. The rector of Batumi Shota Rustaveli State University met senior officials of Wroclaw Higher Bank School. Chairman of Ajara AR Government Archil Khabadze and the Marshal of Lower Silesia Caesar pshibilsky held a Joint Press Conference at the Wroclaw Business Center in the frames of an official visit. Heads of two regions talked about the cooperation recently started between two regions and planned events. Marshal of the Lower Silesia expressed his satisfaction towards the launch of multilateral relations. ‘I am pleased that the relationship between us started in tourism, economy, education and culture directions,’ – he said. ‘I am pleased that the Days of Ajara are being held in the historic town of Poland. Program is really amazing. We participate in the tourism fair of Wroclaw for the first time. We hold this kind of a business forum in an UN member country for the first time as well. Cooperation between our universities and theatres has been already launched. Memorandum of cooperation will be officially signed during these days. Visit is really very varied and interesting. I believe it will also be fruitful,’ – Chairman of Ajara AR Government said. The Press conference was also attended by the Georgian Ambassador to Poland Nikoloz Nikolaishvili. The forum participant got further information about Ajara’s investment opportunities from the specially prepared presentation by the Ministry of Finance and Economy of Ajara , where they also talked about International Investors Association of Georgia and its member companies.

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The secretary general of International Investors Association of Georgia, Mr. Osman Chalishkan spoke live about  free trade relations between Georgia and Turkey  “Business Morning”, on ”Maestro TV”.  He noted that the Simplifying customs procedures will contribute the attraction of new investments and development of business in Georgia.

On 19th of February, 2016 at the office of International Investors Association was held trilateral meeting, The Secretary General of IIA Osman Chalishkan (Mzhavandze), the representatives of  Ministry of Finance and Economy of Ajara and the representative of Invest in Georgia met with the Owners of “Kayabas Tekstil”. The introductory meeting was focused on economic and investment environment of the region, particularly in the textile sphere. It was noted that the company is interested to invest 1.500.000 US Dollars in the Textile sphere In Kutaisi. Secretary General of IIA provided all the information about investment environment of the region. The representatives of “KAYABAS TEXTIL” are interested to carry out the investment in the textile field in Kutaisi and with the National Agency they visited alternative places for the investment. During the meeting, it was announced that in the first stage a textile factory is planning to employ 800 local staff. The investor got exhaustive information about investment environment in Georgia

On 17 February, 2016 International Investors Association of Georgia, visited the owner of “ Atomik Textile ” company, the representative of the company invited by the Association itself. The Guest was welcomed by the Secretary General of International Investors Association, Mr. Osman Chalishkan. The owner of “ Atomik Textile” was interested in Investment circumstances and legal issues concerning with investment in Georgia. The textile factory will be existed in Kutaisi, in the nearest future. The factory will have employed 500 local people. Turkish investor is occupied by the organizational and territorial issues at the time.

The Residential Estate “Palm Apartments“ is the completely autonomous part of the Architectural Ensemble of  five star Hotel & Entertainment Complex "Grand Hotel Batumi Black Sea", located in the historical center of Batumi, right on Black Sea Coast, near Sea Boulevard and Miracle Park. In the Courtyard of the Residential Estate ,,Palm Apartments“ located a beautiful outdoor swimming pool i.e. water entertainment center "Palma Laguna", supplied with sea water which is unique in all Black  Sea  coast.  Water  surface  area  of  pool  is  1.300  m2.The  pool  infrastructure  provides  an opportunity not only for active leisure and recreation all year round, but perfect opportunities for mass cultural events in the open air - concerts, fashion shows, parties, receptions etc. Grove of eucalyptus. trees around the pool creates a wonderful "Green Zone" for relaxation. In the middle of pool the guests can enjoy a variety of the services of bar without leaving the water. The Gallery/Passage around the pool includes all functional areas for a maximum comfort: lobby and reception, gallery for relaxing with warm floors and satellite TV's, showers and locker room, outdoor terraces for sun bathing, massage and fitness rooms, fast food restaurant, restaurant "A la carte", upper terrace lounge bar with unforgettable views on sea and surrounding mountains etc. The total  area  of  residential estate  is  20.000 m2  and  consists of 33  apartments of  "Plus Haute Category" (luxury category). For each apartment provided parking space price of which includes the cost of apartments: One parking space- for the apartments with area less than 200 m2 and two parking spaces - for the apartments with area more than 200 m2. Price of storage room is included in the cost for the apartments located only on fifth floor. The Residential Estate "Palm Apartments" is equipped with a completely autonomous engineering equipment, utilities and unified control systems of maintenance and services, which includes:

Filtrated cold water and hot water supply system; HVAC systems;

Concierge service for 24 hour; Security service for 24 hour;

Cleaning of common areas and the Courtyard, lighting of common areas and the Courtyard, uninterrupted power supply system (Diesel generators for backup power)

Elevator and tollgate services;

Video surveillance system, BMS, security management and fire protection system maintenance and management;

Car parking service;

Design and interior finishing works of the apartments in coordination with owner, including furniture and technical equipment supply;

Vouchers for outdoor swimming pool provided for the residents of the apartments; Touristic services, etc.

The Special Promotion Offer “Summer 2016“applies only for the 16 apartments, situated from 3^rd to the 5th floor and valid until March 30, 2016.

Attention! Special news - for the first time: the price of apartments will be defined with each customer individually.

Owner is obliged to complete finishing works of the apartment until the start of Summer Season 2016.

On 16 February 2016, Memorandum on cooperation was signed between Ajara Employment Agency and Georgian Investors Association. Aim of the agreement is employment of residents of the region, improvement of business environment and effective functioning of the labor market. According to the document, companies, members of the association will provide vacancies and will inform agency about internships. The International Investors Association of Georgia is an independent, nongovernmental, apolitical and nonprofit organization, established in June 2009 in Batumi, Ajara Region, republic of Georgia. Today IIA is one of the largest unions of investors in Georgia with 21 members representing large companies from different sectors of businesses, such as: textile industry, food production, construction and construction materials, banking and finance, insurance, hotels and other.

Please check digest No 314