Mikheil Saakashvili laid a foundation to the construction of a new house "Italia Casa" in Batumi together with the authors of the project. The author of this project is an Italian architect Michele De Lucci. TBC BANK and Bank of Georgia finance the construction jointly.

"This is the first precedent when such a high class architect drafted a project of the house and this creates completely new  standards. We wish houses to cost as cheap as possible in order to get them available for people, but Batumi is such a place, where every new house should be a wonder. There is only one city and one country like this, that's why everyone must realize that they are taking part in beautifying their own country. It was one big marshland here, where in the beginning of this year we started the construction of an avenue. You see how wide the avenue is and what a wonderful places surround it. Everybody will have a masterpiece to look at. Our obligation was to build roads, to construct this arch and glass construction and what is most important - Tamar Kvesitadze will crown this all. You are doing a great job by constructing this house. Tomorrow the construction process of twenty new hotels is starting and this process will continue for several weeks. So many hotels had never been constructed in the whole period of 1991-2003. So much construction on one place only in one month will start in Kobuleti. At the same time we are planning to start constructions in Mestia, Anaklia - we don't even count how much is being constructed in Tbilisi - this process is going on automatically and on many other places. This place will be one of the most beautiful places not only in Batumi but in Europe and in the whole world as well. Several monuments of Salvador Dali were raised in Marbella, Spain and then the whole city was constructed around them. The monument by Tamar Kvesitadze will be raised here (she is becoming a world star, though she is a very famous sculptor already) and these constructions will follow it, your house will stand behind and the rest will be constructed around it. We are planning to construct four 40-storey buildings - among them hotels and residential buildings. Imagine how this avenue will look. Five or six thousand people will be employed on the construction of this avenue. This money is invested in local economy. I get criticized a lot: it's not the President's business to count piles of the buildings and to know this all. I think when you create something concrete and construct something you feel joy and want to know more. It is our business to know everything in details and to bring the work to the end", Mikheil Saakashvili stated.

There will be 47 apartments in "Italia Casa". A new construction company is carrying out the Project and 6 million GEL will be spent on it.