Eagle Hills, a global real estate developer based in Abu Dhabi, has signed a Memorandum of Understanding (MoU) with the Government of Georgia to invest over $5.5 billion in two transformative urban projects. According to the Emirates News Agency, this partnership aims to reshape Georgia’s cities of Tbilisi and Batumi, focusing on sustainability, innovation, and economic growth.

The developments are expected to create thousands of jobs, boost Georgia’s GDP, and attract more tourists. Eagle Hills plans to integrate green spaces and eco-friendly designs into the projects to celebrate Georgia’s natural beauty and cultural heritage.

In Tbilisi, the company will undertake the Krtsanisi Park project, a 590-hectare riverside development that includes 170 hectares of greenery. The area will feature modern residences, retail spaces, and a spa and wellness center, combining urban living with nature.

In Batumi, the focus is on Gonio Marina, a 260-hectare waterfront development along the Black Sea. The project will include luxurious residences, hotels, retail parks, and open green spaces. Designed around a marina district, it aims to position Batumi as a global destination, blending a sustainable lifestyle with stunning coastal views.

By investing heavily in these projects, Eagle Hills is not only enhancing Georgia’s urban landscape but also contributing to its real estate and tourism sectors.