EMAAR’s $6 Billion Investment in Georgia – A Historic Milestone for the National Economy
Georgia’s economic development is entering a new and transformative phase. EMAAR Properties, one of the world’s leading real estate and hospitality companies, known for its large-scale projects in Dubai, Abu Dhabi, Cairo, London, and other global locations, is officially entering Georgia’s real estate market.
The total investment, which will be directed toward projects in Tbilisi and Batumi, amounts to $6 billion, making it the largest foreign direct investment (FDI) in Georgia’s history.
What does this mean for Georgia?
Global Recognition
EMAAR’s choice to enter the Georgian market is a clear indicator of the country’s growing investment appeal. This decision strengthens Georgia’s position as a reliable and strategic destination for international capital.
Urban Transformation
The planned developments include modern, multifunctional complexes in Tbilisi and Batumi. These will feature residential, commercial, and public infrastructure, fundamentally reshaping the cities’ landscapes and setting new urban standards.
A New Era for Tourism
EMAAR’s global expertise in hospitality means the introduction of world-class hotels and tourism infrastructure. This will attract high-income travelers and significantly boost the local economy by expanding Georgia’s premium tourism sector.
Stronger Investor Confidence
This large-scale investment sends a powerful message to other global investors that Georgia offers long-term, stable opportunities. Confidence in the country’s economy is expected to grow, positively affecting sectors such as finance, employment, and exports.
EMAAR’s entry is not just a one-time initiative. It marks the beginning of a long-term partnership that positions Georgia as a regional hub and a platform for international business development. As EMAAR representatives have noted, Georgia is one of the most promising markets in the region — and for them, this is just the beginning.