Tbilisi (GBC) – Mohamed Alabbar announced that the “Eagle Hills” construction project will create jobs for 30,000 people.

He suggested that this urban development initiative could contribute roughly 5% to Georgia’s economic growth, based on his past projects, which he claims had a fourfold impact on host countries’ economies. The calculation considers investments in materials, logistics, and hiring specialists, including architects.

Alabbar also highlighted the project’s potential impact on tourism, projecting at least 500,000 additional visitors.