Ministry of Finance and Economics of Adjara has summed up its work in 2011. According to the annual report, 149 million dollar investment was made in the region last year, 65 million of which was invested in the development of tourism and 47 million - for the development of industrial sector. The government has issued construction licenses on 300,000 square meters.
Minister Vazha Bolkvadze said 98 objects were sold by auction mobilizing 20 million GEL to the regional budget. He also said the budget of the Adjara Autonomous Republic was increased with 380% since 2004.
Vazha Bolkvadze also spoke about the employment program of the government. He said according to the average data, over 10,000 jobs were created in t he region in 2011.