President Mikheil Saakashvili participated in a symbolic dismantling of Hotel Iveria and the Republic's Square today.

"A modern building that will symbolize the already launched developments in Georgia has to be built here", the President said adding that the Republic's Square and the area beneath it have to be fully utilized.

President Saakashvili discussed this issue with the President of Kazakhstan, Nursultan Nazarbayev, who advised bankers that finances number of construction sights in the capital of Kazakhstan to invest to Georgia.

Communications Office
of the President of Georgia