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U.S. Business Tycoon Trump Plans Investments In Georgia

Donald Trump (file photo)

Donald Trump (file photo)

TBILISI -- A Georgian-based international company says U.S. businessman Donald Trump is planning to invest in Georgia, RFE/RL's Georgian Service reports.

Maia Lomadze, public relations manager of the Silk Road Group, told RFE/RL on June 25 that the Trump Organization will jointly work with the Silk Road Group to invest in business projects in Tbilisi and the Georgian port city of Batumi.

Lomadze added that Trump Organization Vice President Michael Cohen will visit Georgia on June 29. She said Cohen will be in Georgia for two weeks during which large-scale joint business projects will be unveiled.

Lomadze did not say what type of projects the Trump Organization and Silk Road Group are working on.

Trump reportedly discussed the possibility of investing in Georgia in April during a meeting with Georgian President Mikheil Saakashvili in New York City, where the Trump Organization is headquartered.

In December, Trump's ex-wife Ivana visited Georgia. The Georgian President's Office said Ivana Trump is also planning to invest in Georgia, namely, to set up a multifunctional entertainment center in Batumi.