MAQRO Construction, one of the leading companies in the construction and infrastructure sector, has signed a Memorandum of Understanding (MoU) with HEERIM ARCHITECTS &amp; PLANNERS, a South Korean architectural firm with extensive international experience.<img src="https://advert.georgiatoday.ge/www/delivery/lg.php?bannerid=0&amp;campaignid=0&amp;zoneid=10&amp;loc=https%3A%2F%2Fgeorgiatoday.ge%2Fmaqro-construction-signs-memorandum-of-understanding-with-korean-architectural-company-heerim-architects-planners%2F&amp;referer=https%3A%2F%2Fgeorgiatoday.ge%2Fcategory%2Fbusiness%2F&amp;cb=4fe4002679" alt="">According to the memorandum, HEERIM ARCHITECTS &amp; PLANNERS will participate in projects implemented by MAQRO Construction both in Georgia and abroad. The cooperation will cover key areas such as master planning for urban development, architectural design, construction supervision, as well as project and construction process management. The two companies also plan to jointly implement large-scale projects.Emin Uçar, Founder of MAQRO Group, stated:“Today, a Memorandum of Understanding was signed between MAQRO Construction and HEERIM. HEERIM is a large international company operating in the field of design.We already have a successful history of cooperation. I would especially like to highlight the large-scale ‘Azer Gold Project’ implemented in Azerbaijan — a gold mining and production enterprise.HEERIM is a key strategic partner for us, and we are united by shared goals in Georgia as well. Cooperation has already begun within the framework of the ‘MAQRO City Tbilisi’ residential complex. We also aim to jointly implement projects such as a new stadium and airport, fully utilizing HEERIM’s professional expertise in these areas.This partnership is particularly important and valuable for us. Once again, I congratulate both parties on this significant step toward strengthening our collaboration.”For MAQRO Construction, this memorandum marks another important milestone in expanding international partnerships and aligning the construction sector more closely with global standards.Jeong Young Kyoon Chairman of HEERIM ARCHITECTS &amp; PLANNERS, commented:“Today is a special day. It is a great honor for us to sign a memorandum with MAQRO Construction. I believe MAQRO is one of the leading companies in Georgia’s development market, and HEERIM is a globally recognized architectural firm.Our 55 years of experience span key areas such as the architectural design of airports, hotels, sports infrastructure, and international-standard stadiums. This partnership aims to create high-quality infrastructure not only in Georgia but also internationally.Our cooperation will not be limited to architectural work — we plan to participate in various infrastructure projects as well.Georgia is a country with enormous potential. This is my third visit, and each time I see the country’s impressive progress — economically and in tourism. Its natural beauty and charming destinations attract many people, and I truly believe Georgia will soon become one of the world’s leading tourist destinations.”

MAQRO Construction Signs Memorandum of Understanding with Korean Architectural Company HEERIM ARCHITECTS & PLANNERS

Memorandum

The Rikoti section of the Tbilisi–Senaki–Leselidze highway is one of the most important and strategic links in Georgia’s road infrastructure. Stretching across the Likhi Range, it connects the country’s two main regions — Eastern and Western Georgia. The modernization of this segment represents one of the largest and most strategic infrastructure projects being implemented in the country. This road is not only a vital internal artery, but also a section of international significance. It serves as a key corridor for transport and trade between Europe and Asia, making it a prominent route on the global transit map.Maqro Construction is actively involved in the slope reinforcement works along the potentially landslide-prone sections of the Tbilisi–Senaki–Leselidze (Rikoti) highway. Due to its scale and technical complexity, this project is considered one of the most crucial components of the country’s infrastructure development.The company has been participating in state-level strategic projects for years. Engagement in projects of such magnitude and complexity is impossible without a solid reputation, proven reliability, professional expertise, and advanced technical capabilities. Highly qualified personnel, technical resources, and modern approaches ensure full compliance with the standards required for high-quality construction in Rikoti’s challenging terrain. Maqro Construction is distinguished by its strong sense of responsibility and strict adherence to deadlines, positioning it as a reliable partner for both the public and private sectors.

Tbilisi–Senaki–Leselidze Highway

One of the flagship developments under Maqro Tourism is Swissôtel Tbilisi, a five-star hotel located in the heart of the Georgian capital. Offering world-class service with Swiss precision, the hotel provides a refined guest experience where mornings begin with panoramic views of Old Tbilisi, the Dry Bridge, Mtatsminda, and the city skyline.Swissôtel Tbilisi combines modern architecture, elegant interior design, and premium service standards. Developed by Maqro Group, the project represents a significant investment of USD 50 million, underlining its scale and importance.The hotel operates under the globally renowned Accor Group, a leading hotel operator in Europe with over 4,100 hotels across 95 countries. With a legacy of more than 50 years, Accor has established a reputation for excellence, delivering sophisticated concepts and consistently high service quality across its brands.<img src="https://cdn.mdello.com/cdn-cgi/imagedelivery/d_EE26O5eWcJDRYn-qMBOg/f389429c-adf4-4194-98db-e117e7d15300/public">As with all Accor-branded properties, Maqro Tourism plays a crucial role in the development of Swissôtel Tbilisi—from selecting the most promising investment locations in Georgia to overseeing construction and project management. Upon completion, the fully operational hotel is handed over to the operator, meeting all international standards.The hotel’s exceptional location and infrastructure make it a premier destination, offering guests a luxurious hospitality experience rooted in Swiss quality and comfort.Backed by precise strategic planning and years of industry experience, Maqro Tourism continues to successfully implement large-scale developments that align with international standards and significantly enhance Georgia’s tourism and investment landscape

SWISSOTEL TBILISI

SWISSOTEL TBILISI news

Maqro Construction actively participates in both international and local tender-based projects. With its pragmatic approach, innovative solutions, and commitment to high-quality standards, the company has established itself as one of the leading players in Georgia’s construction sector.Among its numerous successful developments is the Tbilisi Ice Sports Arena — a modern sports complex fully aligned with international standards and playing a vital role in the advancement of Georgia’s sports infrastructure. The arena features a full-size ice rink, seating for up to 700 spectators, training and choreography halls, comfortable locker rooms, medical facilities, and relaxation areas. For visitors, there is also a panoramic café and full accessibility for people with disabilities.The ice surface is maintained in optimal condition using a state-of-the-art refrigeration system, which not only preserves the ice quality but also ensures humidity control and heating in spectator areas.Tbilisi Ice Arena hosts a variety of sporting events and activities — from professional hockey matches to figure skating and curling practices and competitions. This infrastructure is particularly significant for the development of winter sports in Georgia, promoting their popularity among younger generations.In 2025, the arena proudly hosted the European Youth Olympic Winter Festival — a prestigious international event that gives young athletes the platform to showcase their talent and gain global exposure. Hosting such a high-caliber competition underscores the arena’s compliance with top international standards and highlights its growing role in the regional and global sports calendar.<img src="https://cdn.mdello.com/cdn-cgi/imagedelivery/d_EE26O5eWcJDRYn-qMBOg/8eb4fbaf-efe4-4abe-075e-7f2d60428000/public">As the years progress, Maqro Construction continues to evolve, delivering projects that not only enhance the country’s infrastructure but also set new benchmarks in the construction industry. With a consistent track record and a reputation for reliability, the company remains a trusted partner and a top choice for large-scale, high-standard developments.&nbsp;&nbsp;&nbsp;

ICE RINK

ICE RINK news

A well-developed transit infrastructure is a key driver of economic growth, and the Tbilisi–Bakurtsikhe–Lagodekhi highway is one of Georgia’s most important strategic routes. This major corridor connects the capital city with the country's eastern regions and also serves a critical international function—forming part of the transit route to Azerbaijan.According to official statistics, the volume of international transit vehicles using this route has steadily increased in recent years, highlighting the urgent need for a modern, high-capacity highway built to international standards.The existing roads largely pass through densely populated towns and villages, which significantly impedes traffic flow and increases safety risks. The construction of a new, modern highway will not only reduce travel time but also significantly enhance road capacity and safety.<img src="https://cdn.mdello.com/cdn-cgi/imagedelivery/d_EE26O5eWcJDRYn-qMBOg/fa89e5e5-0640-4da5-506d-a7a1a4f63600/public">Maqro Construction plays an active role in the development of this vital infrastructure project. The company’s involvement in the construction of the Tbilisi–Bakurtsikhe–Lagodekhi highway further underscores its credibility, commitment to quality, and strong reputation in the sector.Over the years, Maqro Construction has established itself as a reliable partner for both public and private sector projects through the successful execution of numerous large-scale initiatives. Its contributions to national infrastructure play a key role in enhancing Georgia’s transit potential and supporting the country’s long-term economic development.

TBILISI-BAKURTSIKHE-LAGODEKHI HIGHWAY

LAGODEKHI HIGHWAY news

The successful projects and positive experience gained by Maqro Development have driven the company toward even more ambitious and large-scale developments. Guided by this vision, one of the largest residential complexes in Tbilisi, Green Diamond, was created—an ideal choice for those who seek tranquility but are not ready to give up the conveniences of city life. Green Diamond introduces a new standard of urban living, embodying a vision of sustainable, comfortable, and eco-friendly lifestyles.Staying true to its principles, the company remains committed to creating an eco-friendly and healthy environment for its residents. A clear testament to this commitment is Green Diamond, which spans 70,000 square meters, with 23,143 square meters dedicated to recreational and leisure spaces, making it the perfect living environment for residents of all ages. The construction of the residential complex began in 2016, with Maqro Development investing $115 million. At the beginning of the project, the price per square meter was set at $700, and today the average price has risen to $1,500. This significant price increase clearly reflects the development dynamics of the company’s projects and the scale of their financial success.Green Diamond offers a comprehensive infrastructure that simplifies and enhances everyday life. In today’s fast-paced world, time is the most valuable resource, and how it is managed significantly impacts one's quality of life. Busy schedules often prevent people from leading an active and balanced lifestyle. This is why Green Diamond is designed to integrate wellness and recreation seamlessly into daily routines. The complex features both outdoor and indoor sports facilities, a modern fitness center, jogging and cycling tracks, providing residents with convenient and cost-effective opportunities for physical activity. This approach creates a self-sufficient environment, where residents do not need to leave the complex to meet their daily needs. Green Diamond is more than just a home—it is a community where time lost to daily routines is minimized, and quality of life is maximized.The “Green Diamond” project was built on land that previously had no residential complexes or commercial spaces. Thanks to the company’s correct approach, innovative methods, and calculations, interest from other major investors was generated. Today, the area has been fully developed, marking yet another visible result of the company’s unique approach and vision.Green Diamond is a lifestyle that offers real comfort and quality. It is a space that saves time, simplifies daily life, and enhances overall well-being. More than just a residential complex, it provides a sustainable, eco-friendly, and secure environment, where life is not only convenient but also healthier and more fulfilling.

GREEN DIAMOND

GREEN DIAMOND news

As part of its Maqro Tourism initiative, the company has been actively contributing to the development of Georgia’s tourism industry for many years by building world-class hotels in Tbilisi. One of the standout projects under Maqro Tourism is Mercure Tbilisi Old Town, located in the heart of the city's historic district and operated by Accor Group, a global leader in the hospitality industry and one of the most recognized brands in the European market.The French company Accor operates more than 4,100 hotels across 95 countries. With over 50 years of experience, it has achieved tremendous success on a global scale.Accor Group has placed its trust in Maqro Tourism for its operations in Georgia. Maqro Tourism is responsible for identifying the most promising investment locations in the city, ensuring thorough planning before beginning construction. Once development is complete, the company delivers a fully operational hotel that meets international standards and hands it over to the operator.Mercure Tbilisi Old Town is situated in the very heart of Old Tbilisi, offering an authentic reflection of the city’s rich historical and cultural atmosphere. The hotel is an ideal choice for guests who wish to experience the charm and heritage of Tbilisi. Thanks to its prime location, visitors can explore iconic landmarks within minutes — including Metekhi Church, Narikala Fortress, the historic Sulphur Baths, Meidan Square, and Shardeni Street, known for its vibrant cafés, art galleries, and restaurants.Maqro Tourism is dedicated to delivering the highest level of service to its guests. With its cozy and refined ambiance, Mercure Tbilisi Old Town offers the perfect setting for both leisure travelers and business visitors alike.&nbsp;&nbsp;

MERCURE TBILISI OLD TOWN

MERCURE news

In today's fast-paced world, urban living is often associated with convenience, yet it comes with its own set of challenges. Air pollution, heavy traffic, a lack of recreational spaces, and the absence of multifunctional residential environments are just a few of the factors that drive many individuals to seek homes in quieter, more serene locations outside the city.The construction of the “Green Budapest” residential complex began in 2013, with Maqro Development investing $45 million. At the time, this project was a leading example of foreign direct investment. It is also noteworthy that the construction of “Green Budapest” was completed four months ahead of schedule, highlighting the company’s reliability and organizational efficiency.The uniqueness of Green Budapest, as one of the first innovative projects, lies in the harmonious blend of an eco-friendly environment and the dynamic rhythm of the city. The complex features expansive recreational areas, children's playgrounds, and sports infrastructure, fostering a culture of healthy living and promoting an active lifestyle among younger generations. For years, this project has successfully responded to modern trends and demands, offering residents an ecologically clean and safe living environment.The company recognizes one of the biggest challenges of living in the city center—parking and traffic congestion. To address this, Green Budapest provides both outdoor and indoor parking spaces, eliminating parking-related issues for residents. Additionally, the complex is equipped with a 24/7 security system, ensuring an added layer of peace of mind for its residents. Moreover, its strategic location allows for quick and convenient access to the city's key destinations, making it a significant advantage for those living in Green Budapest.<img src="https://cdn.mdello.com/cdn-cgi/imagedelivery/d_EE26O5eWcJDRYn-qMBOg/4ee8df7f-6135-4ca2-4e92-4ecafa6b5100/public">Beyond offering a superior residential experience, the Green Budapest project has played a crucial role in the development and modernization of its surrounding area. By revitalizing the urban landscape, it has transformed the neighborhood into a modern, attractive residential zone, significantly increasing its investment value.At the start of the project, the price per square meter was set at $700, while today, on the secondary market, it ranges up to $2750. The impressive market value growth of Maqro Development’s projects underscores the company’s investment efficiency and high margin.Green Budapest is far more than just a residential complex. With its commitment to sustainability, comfort, and security, it sets a new benchmark in the real estate sector. It stands as a prime example that creating a modern, eco-friendly living space in the heart of the city is not only possible but also essential for the future of urban development.

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