batumi- the “monte carlo” of the black sea* batumi- the “monte carlo” of the black sea* john...
TRANSCRIPT
Batumi-Batumi-
The “Monte The “Monte Carlo” of the Carlo” of the Black Sea*Black Sea*
JOHN E. HALL, JR., Esq.JOHN E. HALL, JR., Esq.Hall, Booth, Smith & Slover, Hall, Booth, Smith & Slover,
P.C.P.C.
*All rights reserved.
LocationLocationLocationLocationLocationLocation
Batumi- The “Monte Carlo” Batumi- The “Monte Carlo” of the Black Seaof the Black Sea
Location is the punch line of an old joke Location is the punch line of an old joke concerning the three most important things concerning the three most important things in determining if a real estate project will be in determining if a real estate project will be successful. successful.
Well, Batumi has the location. It is Well, Batumi has the location. It is strategically placed. With the recognition of strategically placed. With the recognition of its great potential all of Georgia can prosper.its great potential all of Georgia can prosper.
Government can play a role in positioning Government can play a role in positioning Batumi and Georgia to benefit from the gift Batumi and Georgia to benefit from the gift of a great location.of a great location.
4GE-BATUMI ENTERTAINMENT ZONE
(GeBEZ)
Batumi & the Black SeaBatumi & the Black Sea
Batumi: the “Monte Carlo” Batumi: the “Monte Carlo” of theof the
Black SeaBlack Sea
Georgia and Batumi’s strategic Georgia and Batumi’s strategic location have long made them the location have long made them the center of trade and travel even center of trade and travel even before the silk road days.before the silk road days.
Batumi can become the center of Batumi can become the center of entertainment for all of the Black entertainment for all of the Black Sea region, Eastern and Western Sea region, Eastern and Western Europe and the Middle East.Europe and the Middle East.
Batumi
Batumi can be transformed intothe entertainment, shopping, andTrade leader in the Black sea Region.
Government wisdom in establishing a Ge-Batumi Entertainment Zone-GeBEZ will serve as the catalyst for this Transformation. GeBEZ will be a government developed center of entertainment including Las Vegas style casinos with fine dining shows and theater. The GeBEZ will include6-star hotel, outdoor amphitheater, cinemas, restaurants, shops, commercial offices and residential area on a 100 hectare site.
GeBEZ the future jewel of GeBEZ the future jewel of GeorgiaGeorgia
• GeBEZ will be the world model for smart GeBEZ will be the world model for smart growth & sustainable developmentgrowth & sustainable development
• Picture a community with unsurpassed Picture a community with unsurpassed
architectural quality, a fusion of functionality architectural quality, a fusion of functionality and finesse that combines an attractive mix and finesse that combines an attractive mix of affordable, middle-income, and up-scale of affordable, middle-income, and up-scale housing with world-class restaurants, housing with world-class restaurants, theaters, hotels, gaming and retailers.theaters, hotels, gaming and retailers.
GeBEZ - more than just GeBEZ - more than just gaminggaming
Providing homes for 10,000 people, employment opportunities for 30,000, with shopping and entertainment for millions more, this 24-hour community will buzz with pedestrian traffic on its wide boulevards and the crowd of people in the sidewalk cafes and expansive parks. Hotels, casinos, theaters, cinemas, concerts will entertain and enthrall.
The result?
A quality of life unmatched in the Black Sea Region
Batumi : 2030
GeBEZ AttractionsGeBEZ Attractions
Two Las Vegas Style Casinos (Hotel, Two Las Vegas Style Casinos (Hotel, gaming, entertainment, restaurant all gaming, entertainment, restaurant all together) anchoring the projecttogether) anchoring the project
Outdoor Shore Side Amphitheater for Outdoor Shore Side Amphitheater for events and concertsevents and concerts
A indoor performance theater and A indoor performance theater and concert hallconcert hall
Six screen cinema multiplex Six screen cinema multiplex Over 60 retail shops including Over 60 retail shops including
Benetton, H&M, Sepora, etc……..Benetton, H&M, Sepora, etc……..
Why does Batumi have the potential for Why does Batumi have the potential for such a great future—strategic Locationsuch a great future—strategic Location It is in Georgia, which is one of the most It is in Georgia, which is one of the most
strategically import places in the world. strategically import places in the world. Democratic nations have a great desire for a Democratic nations have a great desire for a successful democratic system in Georgia successful democratic system in Georgia which requires a successful economy.which requires a successful economy.
Location gives Georgia access to tremendous Location gives Georgia access to tremendous world wide support and financing.world wide support and financing.
GE-Batumi Enterprise GE-Batumi Enterprise Zone: LocationZone: Location
Why does Batumi have the potential Why does Batumi have the potential for such a great future— beautiful for such a great future— beautiful and practical Locationand practical Location Batumi is blessed with the tourist Batumi is blessed with the tourist
friendly location on the Black Sea. The friendly location on the Black Sea. The Sea offers not only strategic location Sea offers not only strategic location importance, but also the benefit of deep importance, but also the benefit of deep port access and some of the most port access and some of the most beautiful scenery in the world. beautiful scenery in the world.
GE-Batumi Enterprise GE-Batumi Enterprise Zone: LocationZone: Location
Why does Batumi have the potential for such Why does Batumi have the potential for such a great future— populated Locationa great future— populated Location Batumi is easily reachable by a population center Batumi is easily reachable by a population center
of over 300,000 million. Easy access by Land, of over 300,000 million. Easy access by Land, Sea, and Air make Batumi a easy destination for Sea, and Air make Batumi a easy destination for not only these 300,000 million, but also millions not only these 300,000 million, but also millions and millions of others in Europe.and millions of others in Europe.
Ge- Batumi Enterprise Zone will make those Ge- Batumi Enterprise Zone will make those people, especially the middle and upper class people, especially the middle and upper class among them, desire Batumi as a destination among them, desire Batumi as a destination point of entertainment and magic.point of entertainment and magic.
GE-Batumi Enterprise GE-Batumi Enterprise Zone: LocationZone: Location
Batumi- The “Monte Carlo” Batumi- The “Monte Carlo” of the Black Seaof the Black Sea
What will make those 300,000 million and What will make those 300,000 million and more dream of spending their Days and more dream of spending their Days and Nights in Batumi?????Nights in Batumi?????
Ge-Batumi Entertainment Zone will provide Ge-Batumi Entertainment Zone will provide them with World Class Gaming experience them with World Class Gaming experience similar to Las Vegas and Monte Carlosimilar to Las Vegas and Monte Carlo
Laws in surrounding countries prevent Laws in surrounding countries prevent affluent Israeli’s and Arabs from enjoying affluent Israeli’s and Arabs from enjoying such facilities, but GeBEZ will give them a such facilities, but GeBEZ will give them a wonderful peaceful world to enjoy wonderful peaceful world to enjoy themselves. themselves.
GeBEZ-the destination of GeBEZ-the destination of choicechoice
With the development of GeBEZ, Batumi With the development of GeBEZ, Batumi and Georgia will be the center of travel of and Georgia will be the center of travel of middle income and high income tourists middle income and high income tourists from the surrounding countries.from the surrounding countries.
Gaming and Las Vegas type casinos with Gaming and Las Vegas type casinos with entertainment, and restaurants and a wide entertainment, and restaurants and a wide variety of gaming will entice them to come. variety of gaming will entice them to come.
The world class restaurants, shopping, The world class restaurants, shopping, concerts, theater and forum for business concerts, theater and forum for business will keep them coming again and again.will keep them coming again and again.
GeBEZ- Good for All of GeBEZ- Good for All of GeorgiaGeorgia
GeBEZ will mean more to Georgia than GeBEZ will mean more to Georgia than just tourist and business to Batumi. It just tourist and business to Batumi. It will serve as a magnet that draws will serve as a magnet that draws Business, tourist, industry and Business, tourist, industry and prosperity through out Georgia.prosperity through out Georgia.
It will also drive improvements in the It will also drive improvements in the Roadways, Airport, Sea Port and Rail Roadways, Airport, Sea Port and Rail that will benefit the entire country.that will benefit the entire country.
Land Travel will be Land Travel will be DevelopedDeveloped
Surrounding countries and Georgia Surrounding countries and Georgia will develop roadways the help will develop roadways the help Tourist and others get to Batumi.Tourist and others get to Batumi.
This will be the same road ways that This will be the same road ways that commerce and transportation will be commerce and transportation will be used for continued economic growth used for continued economic growth through out Georgiathrough out Georgia
GeBEZ brings roads to GeBEZ brings roads to BatumiBatumi
Airport improvements and Airport improvements and more Flightsmore Flights
• With GeBEZ serving as a magnet for With GeBEZ serving as a magnet for tourist to come and enjoy, demands tourist to come and enjoy, demands will increase to expand the Batumi will increase to expand the Batumi international airport.international airport.
• With this expansion will come the With this expansion will come the ability to use the airport as not only ability to use the airport as not only a passenger center but a logistics a passenger center but a logistics center.center.
Black Sea Cruise Lines:Black Sea Cruise Lines:
• Azamara cruisesAzamara cruises • Princess CruisesPrincess Cruises • Costa cruisesCosta cruises • Holland America cruisesHolland America cruises • Regent Seven Seas cruisesRegent Seven Seas cruises • Crystal cruisesCrystal cruises • MSC cruisesMSC cruises • Silversea cruisesSilversea cruises • Cunard cruisesCunard cruises • P&O CruisesP&O Cruises • Voyages of Discovery cruisesVoyages of Discovery cruises
Top Black Sea Top Black Sea Cruise DestinationsCruise Destinations
• • Black Sea Cruises in TurkeyBlack Sea Cruises in Turkey• • Black Sea Cruises in UkraineBlack Sea Cruises in Ukraine• • Black Sea Cruises in RomaniaBlack Sea Cruises in Romania• • Black Sea Cruises in BulgariaBlack Sea Cruises in Bulgaria
With the development of this site by With the development of this site by GeBEZ Batumi will become the GeBEZ Batumi will become the destination of choice for not only Black destination of choice for not only Black Sea cruises existing now, but for all Sea cruises existing now, but for all Mediterranean cruises lines.Mediterranean cruises lines.
This will bring millions more tourist to This will bring millions more tourist to enjoy the adult and family wonderland that enjoy the adult and family wonderland that Batumi becomes through GeBEZBatumi becomes through GeBEZ
The "Monte Carlo" of the Black Sea
GeBEZ Brings Cruises to GeBEZ Brings Cruises to BatumiBatumi
GeBEZ will bring new GeBEZ will bring new modes of transportationmodes of transportation
• Long term development of fast rail Long term development of fast rail trains to bring tourist from all over trains to bring tourist from all over the Caucuses and middle east to the Caucuses and middle east to enjoy the fantastic times in GeBEZenjoy the fantastic times in GeBEZ
GeBEZ brings Trains to GeBEZ brings Trains to BatumiBatumi
Future projects Future projects would include would include high-speed light high-speed light rail from Turkey rail from Turkey & Europe& Europe
GeBEZ- the structureGeBEZ- the structure
• GeBEZ will be a government created GeBEZ will be a government created enterprise zone. To insure its long-term enterprise zone. To insure its long-term commitment to the idea, the government commitment to the idea, the government will lease the land to businesses and will lease the land to businesses and developers through 100 years leases that developers through 100 years leases that will insure businesses approved by the will insure businesses approved by the GeBEZ commission. GeBEZ commission.
• Develop businesses that enhance the Develop businesses that enhance the community to foster trade and tourism.community to foster trade and tourism.
GeBEZ- the structureGeBEZ- the structure
• GeBEZ commission:GeBEZ commission:• Monitor of the facility and its Monitor of the facility and its
businesses.businesses.• Insure the maintenance and world Insure the maintenance and world
class conditions of the facilitiesclass conditions of the facilities• Establish a gaming commission that Establish a gaming commission that
will supervise gaming activitieswill supervise gaming activities• Coordinate distribution of funds Coordinate distribution of funds
generated by GeBEZ. generated by GeBEZ.
Independent Gaming Independent Gaming CommissionCommission
• An independent Gaming Commission will An independent Gaming Commission will protect the public by fostering the integrity protect the public by fostering the integrity of gaming through setting policies, of gaming through setting policies, promulgating regulations, licensing, and promulgating regulations, licensing, and monitoring compliance; and by monitoring compliance; and by implementing and administering the implementing and administering the Gambling laws.Gambling laws.
GeBEZ CommissionGeBEZ Commission
• The Commission:The Commission:• Will be established through the enacting Will be established through the enacting
legislationlegislation• Will be responsible for the implementation Will be responsible for the implementation
and development of the siteand development of the site• Will oversee and control the site Will oversee and control the site • Be funded to supervise and hire Be funded to supervise and hire
consultants for site development, project consultants for site development, project layout and design, initial infrastructure layout and design, initial infrastructure improvementsimprovements
GeBEZ outcomeGeBEZ outcome
• Will create Batumi as an economic Will create Batumi as an economic engine to drive Georgia growthengine to drive Georgia growth
• Will generate millions of dollars into Will generate millions of dollars into the Georgian economy monthlythe Georgian economy monthly
• Taxes and fees will sponsor society Taxes and fees will sponsor society and infrastructure improvementsand infrastructure improvements
• Eventually will generate over 500 Eventually will generate over 500 million annually to the Georgian million annually to the Georgian economy. economy.
GeBEZ Gives back to GeBEZ Gives back to GeorgiaGeorgia
• Similar projects in costal area in the Similar projects in costal area in the Gulf of Mexico in the US Gulf of Mexico in the US (Biloxi/Gulfport) area generates over (Biloxi/Gulfport) area generates over $100 million $100 million monthlymonthly
• This will rapidly stimulate the This will rapidly stimulate the Georgian economyGeorgian economy
• Business, Tourism and Trade will Business, Tourism and Trade will flourish flourish
• A portion of the funds generated by A portion of the funds generated by the Casinos and revenues of GeBEZ the Casinos and revenues of GeBEZ will go to fund education for will go to fund education for Georgia Students.Georgia Students.
• Also provide for early education of Also provide for early education of Georgia’s pre-schoolers.Georgia’s pre-schoolers.
GeBEZ Gives back to GeBEZ Gives back to GeorgiaGeorgia
• The tourism and trade generated by The tourism and trade generated by GeBEZ will also jumpstart Georgia’s GeBEZ will also jumpstart Georgia’s tourism economy. Ski resorts, Wine tourism economy. Ski resorts, Wine Tourism, historical tourism, and Tourism, historical tourism, and many other enterprises will greatly many other enterprises will greatly benefit from the increase visitors to benefit from the increase visitors to Georgia and the world wide Georgia and the world wide increased awareness of Georgia.increased awareness of Georgia.
GeBEZ Gives back to GeBEZ Gives back to GeorgiaGeorgia
Tbilisi and other Georgia cities such as Gudauri, Bakuriani, Telavi, Signagi will benefit from the increase in tourism and business that comes to Georgia through GeBEZ
GeBEZ collateral GeBEZ collateral projectsprojects
• Identify partners and funding for Identify partners and funding for collateral contemporaneous collateral contemporaneous projects:projects:
• Airport expansionAirport expansion• Port improvementPort improvement• Roadway improvementRoadway improvement• Evaluate rail projectEvaluate rail project
GeBEZ - initial actionsGeBEZ - initial actions
• Task force will immediately, have to have Task force will immediately, have to have government assistance in developing the site government assistance in developing the site for the project and obtaining GeBEZ ownership for the project and obtaining GeBEZ ownership before speculators become involved.before speculators become involved.
• Immediately organize overall project plan and Immediately organize overall project plan and infrastructure improvementinfrastructure improvement
• There will have to Tax legislation to encourage There will have to Tax legislation to encourage foreign and domestic investment to fund the foreign and domestic investment to fund the “Las Vegas” style casinos“Las Vegas” style casinos
• There will need to be incentives to cruise lines There will need to be incentives to cruise lines and airlines to add Batumi as a designationand airlines to add Batumi as a designation
GeBEZ – Strategic PlanGeBEZ – Strategic Plan
• Mission- Establish a Mission- Establish a community of affordable, community of affordable, middle-income, and up-scale housing with middle-income, and up-scale housing with world-class restaurants, theaters, hotels, world-class restaurants, theaters, hotels, gaming and retailers which will attract gaming and retailers which will attract tourism, trade and industry to Georgiatourism, trade and industry to Georgia
• Phase One-Phase One-Oganizational phase for the task force to Oganizational phase for the task force to implement ground work for the formation implement ground work for the formation the GeBEZ Commission 3-6monthsthe GeBEZ Commission 3-6months
GeBEZ – Strategic PlanGeBEZ – Strategic Plan
• Phase two- Appointment of Phase two- Appointment of Commission and preliminary Commission and preliminary construction phase of GeBEZ 2-3 construction phase of GeBEZ 2-3 years years
• Phase three- operation and Phase three- operation and maintenance of GeBEZmaintenance of GeBEZ
Initial Plan of Action for Initial Plan of Action for Task Force- Phase OneTask Force- Phase One
Meet with appropriate level of government Meet with appropriate level of government and obtain support, approval and and obtain support, approval and authorization for GeBEZ task force (By March authorization for GeBEZ task force (By March 30) 30)
Establish GeBEZ Task Force and secure initial Establish GeBEZ Task Force and secure initial government funding (By March 30) government funding (By March 30)
Develop organizational chart and structure for Develop organizational chart and structure for GeBEZ (May 1) GeBEZ (May 1)
Identify suitable property for this Identify suitable property for this entertainment zone and begin process for entertainment zone and begin process for government acquisition. (August 30)government acquisition. (August 30)
Prepare draft legislation for the establishment Prepare draft legislation for the establishment of the entertainment zone and the gaming of the entertainment zone and the gaming commission to include tax structure for commission to include tax structure for Gaming portions of the enterprise (May 1)Gaming portions of the enterprise (May 1)
Initial Plan of Action for Initial Plan of Action for Task Force- Phase OneTask Force- Phase One
Prepare draft contracts for 100 year leases Prepare draft contracts for 100 year leases on non Casino properties ( Agust 30)on non Casino properties ( Agust 30)
Prepare draft contracts for 100 year leases Prepare draft contracts for 100 year leases on Casino properties ( August 30)on Casino properties ( August 30)
Retain consulting company to draft the Retain consulting company to draft the original project plan, including original project plan, including infrastructure ( May 1)infrastructure ( May 1)
Receive initial Project plan from Consulting Receive initial Project plan from Consulting Company( August 30) Company( August 30)
Identify and divide project plan into private Identify and divide project plan into private funded projects(Casino/hotels) and Agency funded projects(Casino/hotels) and Agency funded projects(everything else)( August 30)funded projects(everything else)( August 30)
GeBEZ andticipated GeBEZ andticipated fundingfunding
Phase one- funded by the Georgian Phase one- funded by the Georgian government and or private investors government and or private investors 250,000-300,000 USD250,000-300,000 USD
Phase two- Construction $250,000,000Phase two- Construction $250,000,000Funded by gorvernment or foreign aid for Funded by gorvernment or foreign aid for infrastructure improvements 20,000,000 infrastructure improvements 20,000,000 USDUSDFunded by investors and international Funded by investors and international agencies for non gaming construction in agencies for non gaming construction in multiple projects 110,000,000 USDmultiple projects 110,000,000 USDFunded by private investors encouraged by Funded by private investors encouraged by government legislation for gaming venues government legislation for gaming venues 120,000,000 USD120,000,000 USD
GaBEZ revenueGaBEZ revenue
Phase three- Revenue back to Phase three- Revenue back to Government directly 20,000,000 Government directly 20,000,000 USD annuallyUSD annually
Inderect into the economy- Inderect into the economy- 150,000,000 USD annually-150,000,000 USD annually-
GeBEZ from concept to GeBEZ from concept to realityreality
The next steps require vision & actions The next steps require vision & actions with a commitment to EXCELLENCE with a commitment to EXCELLENCE
““Excellence is the result of caring Excellence is the result of caring more than others think is wise, risking more than others think is wise, risking more than others think is safe, more than others think is safe, dreaming more than others think is dreaming more than others think is practical, and expecting more than practical, and expecting more than others think is possible.”others think is possible.”
GeBEZ is possible with the GeBEZ is possible with the right Attituderight Attitude
“ “The longer I live, the more I realize the impact The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, the than facts. It is more important than the past, the education, the money, than circumstances, than education, the money, than circumstances, than failure, than successes, than what other people think failure, than successes, than what other people think or say or do. It is more important than appearance, or say or do. It is more important than appearance, giftedness or skill. It will make or break a company... giftedness or skill. It will make or break a company... a church... a home. The remarkable thing is we have a church... a home. The remarkable thing is we have a choice everyday regarding the attitude we will a choice everyday regarding the attitude we will embrace for that day. We cannot change our past... embrace for that day. We cannot change our past... we cannot change the fact that people will act in a we cannot change the fact that people will act in a certain way. We cannot change the inevitable. The certain way. We cannot change the inevitable. The only thing we can do is play on the one string we only thing we can do is play on the one string we have, and that is our attitude. I am convinced that have, and that is our attitude. I am convinced that life is 10% what happens to me and 90% of how I life is 10% what happens to me and 90% of how I react to it. And so it is with you... we are in charge of react to it. And so it is with you... we are in charge of our Attitudes.”our Attitudes.”