OREANDA-NEWS. September 15, 2011. SOCAR Energy Georgia, the affiliate structure of the State Oil Company of Azerbaijan and GOODWILL signed a memorandum of cooperation. The document was signed by Mahir Mammadov, Director General of SOCAR Energy Georgia and Gogi Shevardnadze, GOODWILL President. Under the memo, SOCAR Georgia Petroleum has transferred to GOODWILL a multifunctional complex (except for petrol stations and related infrastructure), located at the Tbilisi-Poti main highway.

The complex includes supermarket, restaurant, fast-food, as well as infrastructure of the tourism, banking and entertainment industry. The sides have stressed the intention to further strengthen Georgia’s positions as a transit country and decided to expand cooperation within the multifunctional complex reconstruction project. This project has been developed by German Linde with participation of a group of Georgian architects and designers. The object is to be commissioned by the end of 2011.