Ambassadori Island Batumi has signed an international partnership agreement with leading UAE-based real estate developer ONE Development. The agreement was officially executed by Gocha Kamkia, CEO of Ambassadori Island Batumi, and Moustafa Rashad, Group CEO of One Development.

The signing ceremony took place in Abu Dhabi during LIVEX 2026, where Ambassadori Island Batumi is participating as a distinguished guest following an official invitation from ONE Development, a Strategic Partner of the forum.

Held from September 29 to October 1 at the Abu Dhabi National Exhibition Centre (ADNEC), LIVEX 2026 is Abu Dhabi's inaugural Liveability and Investment Exhibition. Organized by the Department of Municipalities and Transport, the event takes place under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. According to official figures, the exhibition is welcoming over 20,000 attendees from more than 50 countries, including over 1,500 institutional investors and 100+ global speakers.

Under the terms of the agreement, ONE Development will invest $200 million to construct a high-end, multi-functional complex on Ambassadori Island.

ONE Development is an international UAE real estate developer headquartered in Abu Dhabi, with major showrooms in Abu Dhabi and Dubai. Positioned as the region’s first AI-integrated developer, ONE Development is known for its tech-forward, lifestyle-centric approach to real estate. Its flagship project, Laguna Residence in Dubai’s City of Arabia, is valued at AED 2 billion and positioned as the region’s first fully AI-integrated residential complex. The development features a large podium-level lagoon, two high-rise towers, and more than 40 lifestyle, wellness, and social amenities.

The company is also actively expanding into the hospitality sector. In collaboration with world-renowned artist Amr Diab, ONE Development launched ONE/AD, its hospitality brand, under which DO Hotels was introduced.

“Batumi is entering an exciting new chapter, and Ambassadori Island gives us the opportunity to help shape a destination with lasting significance. Through this partnership, ONE Development is proud to bring its vision and experience to a project that connects exceptional place-making with a bold outlook for the region. We look forward to creating value that endures for the city, its residents and future generations,” stated Moustafa Rashad, Group CEO of One Development.

“It is an immense honor and responsibility for us to welcome an international partner of ONE Development’s scale and distinction to Ambassadori Island. We have established a platform that has earned the highest trust on the global stage and now naturally attracts world-class industry leaders. We take immense pride in the fact that, leveraging ONE Development’s expertise, the island will host its first pioneering urban project integrated with artificial intelligence and cutting-edge technologies. Together, we are creating enduring value that sets a brand-new benchmark - not only for Georgia, but across the entire Black Sea region.” - said Gocha Kamkia, CEO of Ambassadori Island Batumi.

Ambassadori Group is implementing the Black Sea’s first artificial island project in cooperation with leading international companies, including the global engineering and consulting firm Arup, the architectural and engineering company Yüksel Proje, and the prestigious American architectural firm SHoP Architects. 

Ambassadori Island Batumi has unveiled City Mall Batumi, a major new retail and lifestyle development to be delivered by IG Development Georgia within the Ambassadori Island Batumi territory. The project marks an important milestone in the development of the Island’s multifunctional infrastructure. City Mall Batumi will bring together more than 300 international and local brands, dining outlets, entertainment zones, and a diverse range of essential everyday services under one roof.

Highlighting the project’s significant scale, the landmark development will feature a total gross construction area of 170,000 m², making it one of the largest shopping centres in the region.

The partnership agreement between Ambassadori Island Batumi and IG Development Georgia was officially signed in 2025. At the current stage of development, the shopping centre’s name, scale, and core architectural concept have been finalized. The grand opening of City Mall Batumi is scheduled for 2029.

Ambassadori Island Batumi was presented at the prestigious international forum, Monaco Smart & Sustainable Marina Rendezvous 2026, held in Monaco. The event convenes global leaders from across the maritime industry, yachting sector and coastal infrastructure landscape.

Hosted by the Yacht Club de Monaco on September 20–21, the 6th edition of the forum brought together international investors, developers, architects, and marina operators under a unified platform. Key discussions centered on the integration of innovative eco-friendly technologies, the development of sustainable maritime infrastructure and future perspectives for the sector.

The event was organized by M3 Monaco, a consulting firm specializing in the design and strategic management of marinas, yacht clubs, and maritime training facilities.

The Monaco Smart & Sustainable Marina Rendezvous serves as a gloabal professional platform dedicated to fostering innovation, implementing environmentally sustainable solutions and attracting investment into modern maritime ecosystems.

The participation of Ambassadori Island Batumi in prominent international industry forums forms an integral part of its broader global outreach campaign. This strategy aims to drive active collaboration with international professional circles, leverage global expertise and advance the development of Batumi’s maritime infrastructure in alignment with modern global standards.

With the support of Ambassadori Island Batumi, the Georgia International Maritime Forum  GIMF 2026  was held. The three-day governmental forum, centered around the theme “Where Seas Meet Corridors,” brought together high-level guests, international partners, representatives of academia, and professionals from the global maritime industry. A total of 400 delegates from 40 countries attended the forum.

The forum was organized by the Maritime Transport Agency of Georgia with the support of the Ministry of Economy and Sustainable Development of Georgia. Its main objective was to strengthen regional dialogue, address shared challenges, and promote practical cooperation between governments and international partners.

Held annually since 2016, GIMF has developed into an important platform bringing together regulators and representatives of the maritime industry. The forum contributes to the integration of transport routes across the Black Sea region into the global maritime ecosystem and supports the development of more efficient and predictable connections for international trade.

“Ambassadori Island Batumi” supports initiatives that contribute to the economic development of Georgia and the region, strengthen international cooperation, and create new opportunities.

On September 7, an agreement on Ambassadori Island Batumi joining the BNI Poland business network was signed at the BNI Poland headquarters in Warsaw.

The document was signed by Gocha Kamkia, CEO of Ambassadori Island Batumi, and Arkadiusz Sztuka, General Director of BNI Poland.

BNI is a global business network bringing together more than 355,000 members worldwide, including approximately 2,500 members in Poland. The organization provides business representatives from different countries with a platform for cooperation, professional networking, and the development of new business opportunities.

Joining the BNI Poland network opens new opportunities for Ambassadori Island Batumi to establish direct cooperation with the Polish business community. Under the agreement, BNI Poland member companies will have the opportunity to invest in Ambassadori Island across a range of sectors, including construction, real estate development, architecture, interior design, technology, hospitality, professional services, and other investment areas.

The partnership aims to establish Ambassadori Island Batumi as a new business destination for BNI Poland member companies and as a hub for international business and investment, contributing to the strengthening of long-term ties between Polish businesses and Georgia.

“Poland is one of the important markets within our international development strategy. We have been actively working here for more than a year, have established local partnerships, and have already implemented a number of joint initiatives. Joining the BNI Poland network marks a new stage in this cooperation and gives us the opportunity to develop even more direct, practical, and long-term partnerships with Polish companies. Our goal is for Ambassadori Island Batumi to become a new business destination for them in Georgia,” said Gocha Kamkia.

Ambassadori Island Batumi is the first artificial island project in the Black Sea, comprising two artificial peninsulas and one artificial island. The project integrates residential, hospitality, business, commercial, entertainment, marina, and aviation infrastructure and is being developed by Ambassadori Group in cooperation with leading international companies, including Arup, Yüksel Proje, and SHoP Architects.

On September 5, the official opening ceremony of “Ambassadori Group’s” new project, “Ambassadori Aviation Village”, was held. The project, with an investment value of USD 15 million, is being implemented with the support of a state program and co-financing from the Georgia Economic Development Corporation.

Located across 16 hectares, “Ambassadori Aviation Village” brings together an airfield, an international-standard flight academy, an aviation club, and a residential community of aviation villas. The residential concept combines private villas with individual aircraft hangars and direct access to the runway.

The opening ceremony was attended by the Prime Minister of Georgia, members of the Government, representatives of local and international business circles, project partners, and more than 100 international guests. Participants of the international private aviation expedition visiting Georgia also attended the event.

“Ambassadori Aviation Village” is a natural continuation of Ambassadori Group’s regional expansion and investment strategy, creating synergy both between Georgia’s regions and among “Ambassadori’s” projects. As a continuation of this vision, we are also introducing changes to the “Ambassadori Island Batumi” project. Similar to the aviation village at “Ambassadori Kachreti”, the island’s masterplan will include a runway and airfield infrastructure, creating the opportunity for direct air connectivity with the island in the future.

During the event, the CEO of “Ambassadori Island Batumi”, Gocha Kamkia presented “Ambassadori Group’s” overall development vision and future plans. He highlighted the synergy between the Group’s projects across different regions and noted that the development of the aviation direction creates new opportunities to connect these destinations with one another.

“One of the core ideas behind “Ambassadori Island Batumi” is to develop a global economic initiative in Georgia and create an environment that offers new opportunities to both local and international investors. Today, companies and investors from various countries are already becoming part of the project. The addition of private aviation is a natural continuation of this vision - aviation infrastructure will add another important component to the project’s tourism, residential, investment, and resort functions, while connecting “Ambassadori Island Batumi” more closely with different regions of Georgia as well as international destinations,” said Gocha Kamkia.

Ambassadori Island Batumi hosted 50 pilots who arrived in Batumi as part of an international expedition of private aviation pilots. The expedition participants travelled to Georgia from various European countries and the United States to attend the official opening ceremony of Ambassadori Aviation Village in Kachreti.

During their visit to Batumi, the pilots visited Ambassadori Island Batumi and experienced the scale of the project first-hand, explored the works already completed and the ongoing construction progress, and learned more about the project’s development vision and future plans. Particular attention was given to the aviation infrastructure incorporated into the project, including a runway, the development of which will create the opportunity to accommodate private aviation flights to the island in the future. One of the key directions of the project’s development is strengthening air connectivity, both between Georgia’s different regions and local resorts, as well as with international destinations.

The pilots were welcomed on the island by Tornike Keburia, Founder of Ambassadori Group, who also landed an aircraft at Ambassadori Island Batumi.

At Batumi International Airport, the expedition participants were welcomed by Zurab Pataradze, Chairman of the Government of the Autonomous Republic of Adjara, and Vakhtang Makharoblishvili, Ambassador Extraordinary and Plenipotentiary of Georgia to the Kingdom of Belgium and the Grand Duchy of Luxembourg and Head of the Mission of Georgia to the European Union.

An extensive article about Ambassadori Island Batumi and the large-scale development underway on Georgia’s Black Sea coast has been published in the American magazine Newsweek.

The publication notes that the 84-hectare artificial island development, comprising two peninsulas and one island, is not merely a real estate development, it is a multifunctional ecosystem integrating residential, hospitality, entertainment, medical, and logistics infrastructure in full alignment with smart city principles and ESG standards.

The project is being developed by Ambassadori Group in cooperation with international partners: Turkish company Yüksel Proje is responsible for design and engineering, New York-based SHoP Architects is working on the architectural concept, while global engineering and consultancy firm ARUP is overseeing the master planning and integration of smart city infrastructure.

According to Gocha Kamkia, CEO of Ambassadori Island Batumi, the project’s multifunctional format ensures long-term economic viability for investors, while Ambassadori Group’s experience accumulated since 2004 across the hospitality, real estate, winemaking, and golf sectors provides a strong foundation of business credibility.

The article also provides a detailed overview of the project’s scale and current development status.

49% of the island’s territory is dedicated to green and recreational areas, beaches, and a seaside boulevard. Ambassadori Island Batumi integrates multifunctional urban infrastructure, including an international-standard yacht club, aviation infrastructure, hotels, residential and multifunctional complexes, retail spaces, branded boutiques, fitness centers, and entertainment and wellness facilities.

Ambassadori Group has already invested $100 million directly into the project. At the same time, local and international investors are developing projects on the island worth more than $1 billion, while the total investment volume is expected to exceed $5 billion.

More than 50% of the masterplan has already been completed, the formation of 48 hectares of land has been finalized and officially commissioned, construction of the first skyscraper has begun, and the full formation of the island is expected to be completed within 2.5 years.

An investment agreement has been officially signed between Ambassadori Island Batumi and HOLM Developments, one of Dubai’s fastest-growing real estate development companies. The agreement was signed by Gocha Kamkia, CEO of Ambassadori Island Batumi, and Sergey Avayan, CEO of HOLM Developments.

Under the terms of the agreement, HOLM Developments will construct a world-class multifunctional complex spanning 140,000 square meters on Ambassadori Island. The entry of the UAE-based developer is a direct result of the institutional readiness and secure investment environment established by Ambassadori Island Batumi. The integrated investment packages structured within the project provide international investors with complete assurances for efficient, transparent, and secure capital deployment. In doing so, Ambassadori Island reaffirms its position as a robust international economic hub for attracting Foreign Direct Investment (FDI).

"Georgia represents an extraordinary growth market, and this prime waterfront location offers an exceptional setting for our international expansion. As Georgia’s first true master-planned community on a unique artificial island, Ambassadori Island delivers the institutional standards and urban excellence we are accustomed to in the UAE. Beyond its visionary concept, the project provides unmatched investment fundamentals - driven by strong capital appreciation and high rental yields. We are thrilled to bring our development expertise to this world-class destination," stated Sergey Avayan, CEO of HOLM Developments.

"HOLM Developments' plan to develop a multifunctional complex across 140,000 square meters as part of the island’s masterplan, backed by an investment exceeding $250 million and their long-term vision, demonstrates that the platform we have created in the Black Sea basin commands the highest level of trust and appeal among foreign investors," noted Gocha Kamkia, CEO of Ambassadori Island Batumi.

HOLM Developments holds a distinguished reputation in Dubai's real estate sector. Operating on a fully equity-funded business model, the company maintains over AED 1.1 billion in land and construction guarantees. HOLM Developments’ portfolio features several standout projects, including HOLM One, where over 50% of units were reserved on launch day, with the project selling out completely within 10 days, and LINEA by HOLM, which sold out on its release date.

The official launch presentation for the planned multifunctional complex will take place on August 28. The event will be attended by business leaders alongside invited international media representatives and prominent figures from Dubai. Guests will experience the scale of the project firsthand and share insights with their global audiences regarding the investment and tourism potential of Ambassadori Island, Batumi, and Georgia.