Administration head for the Ministry of Economic Development Nino Enukidze said the company should repay the loan by the end of the year and then the resort would be sold.
According to her, the money will go towards the rehabilitation of three functioning cableways, one non-functioning cableway and the building of a new one.
The state share in Gudauri JSC is 87 percent. The joint stock company owns the Marco Polo hotel, a land plot, cableways and other infrastructure in Gudauri.
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