News

April 16, 2025
Ambassadori Island Batumi exceeded expectations at IPS 2025, drawing strong interest from global investors
The interest in Ambassadori Island Batumi far exceeded expectations at the Dubai International Property Show. The company presented its innovative project at the exhibition, as well as Georgia as a whole, through a high-tech and multifunctional booth.
During the exhibition, the company's representatives hosted a number of important guests at their stand, including the Ambassador Extraordinary and Plenipotentiary of Georgia to the United Arab Emirates, H.E. Giorgi Janjgava, and the Director General of the Dubai Land Department (DLD), Marwan Ahmed bin Ghalit, along with a high-ranking delegation.
The Ambassadori Group project has garnered significant interest from international investors and in this regard, a series of business visits to Georgia have been scheduled.
"We are delighted to have had the opportunity to present a project of historical significance for our region to the world at the most prestigious exhibition. It is noteworthy that the blend of Georgian culture and modern approaches reflected in our innovative initiative exceeded all expectations in terms of attention," said Ambassadori Island Batumi CEO Gocha Kamkia.
Investors are particularly interested in the ongoing innovative project in Georgia, which expands the country's physical and economic potential borders and creates a new investment location on the country's economic map.

April 15, 2025
Ambassadori Island Batumi Showcased at International Property Show 2025 in Dubai
(Dubai, UAE - 15th of April) โ Ambassadori Island Batumi, the first artificial island in the Black Sea, is being showcased this week at the International Property Show (IPS) 2025, which opened on April 14 at the Dubai World Trade Centre. On the first day of the exhibition, the Ambassadori stand was visited by His Excellency Eng. Marwan Ahmed bin Ghalita, Director General of the Dubai Land Department (DLD), who officially inaugurated the 21st edition of IPS.
Among the distinguished guests was also Ambassador Extraordinary and Plenipotentiary of Georgia to the United Arab Emirates, Giorgi Janjgava, who visited the stand in support of Georgiaโs growing presence on the international real estate stage.
Running until April 16, IPS 2025 is hosting more than 300 local and international exhibitors from 85 countries and is expected to welcome over 25,000 visitors. Ambassadori Island Batumi is being presented through an AI-powered virtual tour and dedicated briefings highlighting the developmentโs investment appeal and design innovation. The delegation is also taking part in IPSโs business program, offering exclusive presentations, investor meetings, and traditional Georgian gifts to booth visitors (Stand C30).
A Visionary Development on Georgiaโs Black Sea Coast
A visionary project is redefining Georgiaโs shoreline. Ambassadori Island Batumi, the first artificial island in the Black Sea, has already begun to shape the future of coastal development with its innovative design and distinct regional character.
Conceived as a contemporary urban ecosystem, the island blends resort-style living with long-term value creation. The project is set to generate over 20,000 jobs, stimulate regional economic activity, and contribute to public revenues that support Batumiโs continued growth. For investors, the island offers attractive annual returns of 9% to 17%, depending on the property type. Georgiaโs liberal tax system provides significant advantages for international buyers, including no property tax for individuals and a simplified property registration process.

April 7, 2025
Ambassadori Island Batumi, in cooperation with Arup develops a concept for an iconic architectural vision for the artificial island of Batumi
A collaboration between Ambassadori Island Batumi and the British company ARUP has been signed for the development of a concept for the architecture of volume, facade design, style and urban planning of buildings to be built on two artificial peninsulas and an island in Batumi. The design and construction of buildings in the project area by investors will be carried out in accordance with pre-developed stylistics and guiding norms. This strategic partnership ensures a cohesive and sustainable architectural vision for the project's development, seamlessly integrating it into the cultural landscape of Batumi. The collaboration aims to enhance investment security and implement projects with exceptional quality. This comprehensive approach will allow for the consideration of technological innovations available worldwide during project implementation, which will significantly accelerate the process of obtaining a construction permit on a separate investment plot and project implementation.
Arup is involved in the planning of several leading cities worldwide. The company's extensive experience in developing remarkable architectural concepts will be essential in reflecting the character and vitality of Batumi through innovative and environmentally sustainable principles. The primary objective is to create facades that, through unique design, will serve to create both iconic and practical buildings.
Arup is a global engineering and consulting firm that has made a significant contribution to the development and implementation of a number of large-scale projects, focusing on innovative and sustainable solutions in the planning process. With 95 offices in 37 countries and more than 19,000 professional employees, the company is engaged in an impressive range of work in the field of facade engineering, architectural design, structural engineering, development of efficient transportation schemes, and development of sustainable urban design of objects of outstanding importance around the world.
Arup's diverse portfolio includes such projects as:
Sydney Opera House (Australia) - an iconic cultural landmark of Sydney;
Marina Bay Sands (Singapore) - a distinctive and innovative 5-star hotel, which has become one of the landmarks of Singapore;
Beijing National Stadium (China) - one of the exemplary landmarks of modern engineering;
Vertical Forest (Italy) - a sustainable building concept created using advanced technologies, which can be perceived as a new word in terms of urban planning.
Samarkand Silk Road Touristic Centre (Uzbekistan) - sustainability and inclusion drive Samarkand traveller resort design
Konya Tropical Butterfly Garden (Tรผrkiye) - a sustainable butterfly conservatory in Tรผrkiye and an iconic cultural landmark of Konya
Tashkent Hilton Hotel (Uzbekistan) - a prestigious 5-star hotel of Tashkent

April 3, 2025
"$40 million foreign investment has already been made in 'Ambassadori Island'โ โ What does 'Ambassadori Island Batumi' offer to potential investors?
In the $100 million "Ambassadori Island Batumi" project, which includes the infrastructural development of two peninsulas and one island on 84 hectares, a $40 million foreign investment has already been made. Additionally, two independent investors are currently involved in the project. This was discussed by the General Director of the project's managing company, Gocha Kamkia, in an interview on BMG TV's "Business Week" program.
He notes that "Ambassadori Group" is one of the largest corporations in Georgia, capable of implementing large-scale projects, including through partnerships with attracted investors.
"Therefore, in relation to this project, the group views the issue of investment through a historical lens, emphasizing that first and foremost, we need to create opportunities and an environment where successful or success-driven individuals can come together, and on this island, everyone will find their own success story.
As for the individual investors, in this case, we took responsibility upon ourselves and started the development of the first multifunctional building. The project documentation is completed, and the preparatory phase for the construction work has already begun.
However, it should be noted that we already have individual investors for two large land plots. Specifically, these plots are allocated, and in the near future, large buildings with distinctive concepts will begin development on the cadastral units.
It should also be noted that during this period, we managed to attract international attention to the project. Today, a $40 million direct foreign investment has been made in "Ambassadori Island Batumi," which I believe is a phenomenal result at the initial stage of the project. "Ambassadori Group" is a trusted entity, which has completed some of the largest and most distinctive projects in Georgia," says Gocha Kamkia.
The author and host of "Business Week" asked the General Director of "Ambassadori Island Batumi" โ what does it mean to invest in a large-scale project alongside the project executor?
"If we are talking about our capabilities, this was a subject of individual inspiration. Therefore, along with the opportunity for investors to develop a successful project, there are also common rules that everyone must consider in order to create a unified, harmonious project. In order for the Island to stand out historically and architecturally, it must last for centuries. We signed a contract with the British company 'Arup,' under which the island's architecture will be designed according to architectural DNA. Thus, just as 'Ambassadori Group' has set its own rules and guidelines for how to proceed in terms of development, each investor will also have standards outlined by the master plan and its author company, ensuring the highest quality of the developed projects. This will allow us to create an environment that is completely community-oriented. On one hand, the project is distinctive from an economic perspective, but large economic opportunities bring significant responsibilities to society. Since this must be a community-focused environment, we decided to act according to these rules from the very beginning," explained Gocha Kamkia.
A large-scale project for two peninsulas and one island in Batumi was announced in 2021, and its construction officially began in 2022. The main investor and implementer of the project became "Ambassadori Group," with which the government signed an investment agreement. According to the agreement, the development of two peninsulas and an island on a 84-hectare area in Batumi is planned, with subsequent infrastructure development. As part of the "Ambassadori Island Batumi" project, the area will feature beaches, active and passive recreation areas, promenades, and a seaside boulevard. Additionally, the construction of water parks, a yacht club, educational institutions, shopping centers, hotels, and residential buildings is planned. It is also important to note that the proposed concept has other significant implications, including the attraction of large-scale investments.

April 1, 2025
โIn three months, we are preparing to put 25 hectares of the peninsula into operationโ โ What is the current stage of the "Ambassadori Island Batumi" project?
"Ambassadori Island Batumi" is preparing to put 25 hectares of the peninsula into operation in approximately three months. Which means that one of the two peninsulas will be a completed product in terms of phased development.
In an interview with BMG TV's program "Business Week," the Chief Executive Officer of the company, Gocha Kamkia, discussed the stages of development and plans for more than $100 million project in Adjara, specifically in Batumi.
A large-scale project involving two peninsulas and an island in Batumi was announced in 2021. The investor became the "Ambassadori Group," with which the government signed an investment agreement. According to the agreement, the development of two peninsulas and an island is planned on 84 hectares of land, formed in the sea, in Batumi, with infrastructure development to follow. As part of the "Ambassadori Island Batumi" project, the territory will feature beaches, active and passive recreation areas, walking promenades, and a seaside boulevard. Additionally, the construction of water parks, a yacht club, educational institutions, shopping centers, hotels, and residential buildings is planned. It is also important to note that the proposed concept has other significant implications, including the attraction of large-scale investments.
As noted by Gocha Kamkia, the Chief Executive Officer of "Ambassadori Island Batumi," in an interview with "Business Week," according to the investment agreement, the company was required to obtain permits and begin work on the project starting from September 30 of this year. However, the company is ahead of the deadlines set by its obligations and is developing the project step by step according to the outlined plan.
"According to the contract, work was supposed to begin on September 30 of this year. However, due to tireless work, remarkable results have been achieved, and we are now preparing for new initiatives.
In order for the project to develop from the initial stage, we have incorporated mechanisms for phased development. Thus, in approximately three months, we are preparing to put 25 hectares of land from left peninsula into operation. This means that one of the two peninsulas in Batumi will already be a completed product in terms of phased developmentโfinished both from a safety and economic perspective, as well as a conceptual one," says Gocha Kamkia. He further adds that the "Ambassadori Group" has invited specialists for the projectโfinance experts, architects, and urbanistsโfrom various parts of the world, including London, Istanbul, Ankara, and New York.
"We have not wasted any time and have already completed work on 5 ultramodern buildings. Three of these will be multifunctional complexes, where a branded hotel, apartments, a lounge, an infinity pool, and all the infrastructure necessary for comfortable accommodation in the modern world will be located.
"Additionally, we are developing 2 buildings that will be distinguished by low-rise construction. One of the buildings will house the island administration, where customers will receive services," says Gocha Kamkia while discussing the details of the project development.
"The company is also working on the idea of issuing symbolic passports to those interested in purchasing real estate in the "Ambassadori Island Batumi" project. For individuals and investors interested in the project, the management company of "Ambassadori Island Batumi" has already opened a service center in Batumi, which will move to the peninsula after the completion of the first phase of the project.
Through our service center, we decided to engage in direct communication with each customer. This will include offering real estate, which has generated a lot of interest, whether itโs apartments or land plots. Additionally, we will present the future services that will make the island unique. Currently, 15 people are employed in the space," says the General Director of "Ambassadori Island Batumi."
According to him, the project will create a new face for the country, which will not interfere with the historic part of Batumi.

March 14, 2025
The delegation of Ambassadori Island Batumi will be present at the International Property Show 2025
The Ambassadori Island Batumi delegation will represent a large-scale and historic project for Georgia at one of the most significant events in the world of development, the International Property Show 2025, on April 14-16, 2025 in Dubai.
During the exhibition, the company's experts will participate in the business program and present their project at the stand for clients and the professional community. From April 14 to 16, our consultants will be at the Dubai World Trade Center, Booth C-30, welcoming visitors and showcasing our company's expertise.
We are pleased to offer our clients and interested parties the opportunity to take a virtual tour of the island. This tour will be powered by artificial intelligence and our interactive screens.
We have prepared interesting offers and traditional Georgian souvenirs for our partners and real estate specialists. We look forward to the opportunity to make new contacts and meet you in Dubai at IPS 2025.

March 11, 2025
Ambassadori Island Batumi Honored with Award for Most Innovative Project in the Country
The program "Real Estate Prospect" held its annual event GREMO in Batumi for representatives of the construction and development sector. The event, which was attended by the majority of companies operating in the regional market of Adjara, was organized by BMG and the real estate sales company "Prospect."
In the event's closing, "Real Estate Prospect" honored companies operating within the region with a symbolic award: a brick, signifying their creation of impactful projects.The award for innovation was presented to "Ambassadori Island Batumi," a project that, guided by principles of sustainability, innovation, and harmonious coexistence, is redefining urban living standards in the region. The project emphasizes the use of innovative technologies and eco-friendly solutions, aiming to expand the boundaries of both physical and potential on the seashore.
โThe event was of great importance, providing a platform for dialogue with leading real estate developers on the challenges facing the sector in Georgia in the face of global challenges, as well as on the collaborative steps required to enhance service delivery in Georgia beyond competition. I would like to express my gratitude to "Real Estate Prospect" and all the participants who took important positions," said Gocha Kamkia, director of Ambassadori Island Batumi.

February 11, 2025
Ambassadori Island Batumi has obtained ownership of 19 hectares of land formed in the sea
The development of the Ambassadori Island Batumi project is proceeding rapidly, offering novel investment opportunities for the country and the region. The company is fulfilling its obligations to the state five years ahead of schedule, and to date, more than a quarter of the entire project area has been developed. According to the Government of Georgia's decree, which is in accordance with the construction agreement, ownership of the 194,457-square-meter land plot, created by the company in the sea, has transferred to Ambassadori Island Batumi. Within the framework of the existing investment obligations, 49% of the territory on the two peninsulas and the island will be allocated to publicly accessible recreational zones, including forest parks, hiking trails, sports fields, and entertainment and recreation spaces. The project will also include the construction of educational and healthcare institutions, hotels, apartments, villas, helipads, and a yacht club. The project, which is of historical significance, aims to create two artificial peninsulas and one artificial island in the sea. It will be formed in full compliance with the principles of sustainable development and smart cities. In addition, it will set new standards for urban development in the region.
The island project is being developed by the Ambassadori Group in collaboration with international companies, including Yรผksel Proje, an architectural and engineering company, and Arup, a British company involved in the planning of numerous cities worldwide.

February 10, 2025
Ambassadori Island Batumi Begins Construction of the Second Peninsula
The construction of the two peninsulas of "Ambassadori Island Batumi" is progressing actively. A total of 25 hectares of land has already been formed, exceeding a quarter of the entire project area and advancing the investment commitments by five years.
"Twenty-five hectares of the two peninsulas have already been formedโ23 hectares on the western peninsula, while work on the second peninsula has just begun, with 2 hectares completed at this stage. In this regard, we have achieved truly phenomenal results. The island project is being implemented by 'Ambassadori Group' in collaboration with various international companies. Among our partners are leading architectural and engineering firms, including Yรผksel Proje, which designed two operational international airportsโOrdu-Giresun Airport and Trabzon Airportโon artificially constructed land 70 km from Batumi in the Black Sea." "Additionally, we are collaborating with the British company Arup, which has been involved in the planning of numerous cities worldwide. We also hosted international experts and economists from London, who presented a detailed analysis of the project's economic indicators," stated Gocha Kamkia, Chief Executive Officer of "Ambassadori Island Batumi".