American real estate mogul Donald Trump is considering investments in Tbilisi and the Georgian port city of Batumi, a senior executive at The Trump Organization told EurasiaNet.org.
Trump is in talks with the Silk Road Group, a real estate and transportation company with investments in Georgia and Central Asia, about development possibilities in the Georgian capital and along the country’s Black Sea coast.
Michael Cohen, an executive vice president at The Trump Organization, the private company that handles Trump’s property development and management projects, told EurasiaNet.org that he expects to travel to Tbilisi on June 22 to look at potential sites.
Neither Silk Road Group representatives nor Cohen would disclose details about the negotiations or potential sites for development.
The Silk Road Group approached Trump during President Mikheil Saakashvili’s April visit to the United States, said Giorgi Ramishvili, a founder of the company.
Similar overtures have been made to Steve Wynn, the Las Vegas-based casino-hotel tycoon. Wynn Enterprises did not respond to requests from EurasiaNet.org for comment.
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Molly Corso is a freelance reporter based in Tbilisi.