2020-02-27
✅Multi-Functional Sports Complex will be built in Tbilisi with 10 000 seats in line with a Government Resolution to host EuroBasket in 2021.
✅ Machinery has been mobilized for the construction of a new hall at the premises of Tbilisi Olympic Palace on University Street. Construction will be completed in June 2021 and will fully comply with every requirement of FIBA.
► Total cost of the project is 71 MLN GEL, out of which 50 MLN GEL will be allocated from the State Budget this year and 21 MLN GEL - next year. As a result of the Government Resolution, country will save almost 179 MLN GEL as the original cost of the project roughly amounted 250 MLN GEL.
✅ Team Tournament Phase of 2021 Basketball Championship in Europe will be held in Tbilisi on September 2-19. By that time Georgia will be in full readiness to host the EuroBasket, which is very important for the development of sports and tourism in the country.