Singaporean companies have showed interest in constructing brand hotels in Georgia, David Saganelidze, director of Partnership Fund of Georgia, told a news conference after he met with representatives of Hyland Holdings Pte Lrd and Shenzhen Futao Sheng Industry Co. Ltd in Singapore.

“They are interested in building hotels in Georgia. They showed us what kind of hotels they want to build in Georgia. These hotels will be associated with Georgian culture, for example,  with wine in Kakheti, with tea in western Georgia and so on”, Saganelidze noted at the news conference.

Since the previous Authorities were criticized frequently because of Singaporization policy, Business Course reporter asked Mr. Saganelidze: will Georgia follow Singaporization policy? David Saganelidze answered:

“I will not take objection if Georgia follows Singapore’s experience. I have visited Singapore for the first time and I grasped their philosophy of building structures in right locations. And then we started thinking for raising  similar buildings in Georgia. There are fantastic buildings in Singapore, but right locations should be selected for them in Georgia”, Saganelidze said.

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