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Krtsanisi Governmental Residence to be Sold for USD 15 mln

Georgian Prime Minister Zurab Zhvania announced on December 23 that a group of New York-based businessmen offered USD 15 million to purchase the Governmental Residence located in the Krtsanisi district of the capital city Tbilisi.


The huge Governmental Residence in Krtsanisi, with several apartments and conference halls, was used for official meetings and also served as a residence for Eduard Shevardnadze during his presidency. The ex-President still lives in one of the apartments of the Krtsanisi Governmental Residence.


?If there is somebody who will offer us more than USD 15 million they may do so during next three days [the deadline of applying for privatization bid is December 26] and they can purchase it,? Zurab Zhvania said on at a news briefing on December 23.

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