Contractor selected in Georgia to construct Telavi Airport for 11.65 million lari

Buildkings must complete the work within 21 months of signing the contract

Buildkings has been recognized as the winner of the tender for the construction of the passenger terminal at Telavi Airport in Georgia. A contract with the contractor is currently being prepared. Only one bidder took part in the competition announced on August 27, 2026. The company proposed to complete the work for 11.65 million lari, which is 1.62 million lari less than the project’s initial estimated cost.

According to the tender documentation, construction must be completed no later than 21 months after the contract is signed. This timeframe also includes the signing of the handover certificate. Participation in the tender required experience in carrying out construction work with a total value of at least 25 million lari including VAT as of January 1, 2022, as well as proven experience in the construction of one comparable facility worth at least 10 million lari or two facilities with a total value of at least 15 million lari.

Image source: bizzone.info

Buildkings was registered in 2016. According to the commercial register, 40% of its shares belong to Lasha Rukhadze, another 40% to Neli Kaladze, and the remaining 20% to Davit Kapanadze. Lasha Rukhadze and Murtaz Mebonia, who holds citizenship of both Georgia and Russia, are listed as directors. Previously, the company had won tenders for a total of 214.4 million lari.