Ambassadori Island Batumi sets out Black Sea smart city vision with $1bn backing

Speaking to REAL FDI at Mipim, Gocha Kamkia, chief executive officer of Ambassadori Island Batumi, set out plans to deliver a 102-hectare artificial island development on Georgia’s Black Sea coast. The project combines real estate, infrastructure and a long-term smart city strategy aimed at international investors. He described the project as “the address of the Black Sea”, positioning it as both…