Trump Organization to partner on new skyscraper in Tbilisi, WSJ reports
The Trump Organization and its partners are planning to build a new skyscraper in Tbilisi, according to a report by The Wall Street Journal.
The roughly 70-story building, Trump Tower Tbilisi, is expected to be a mixed-use development and the tallest structure in the Georgian capital, the report said, citing a representative of the project’s partner companies.
“The Trump-branded skyscraper will be built in the Caucasus, serving as another example of how the Trump family company has shifted its approach to international business during his second administration term,” the Wall Street Journal says.
According to the article, the tower will include luxury residences, retail spaces, and hotel-style amenities. The project is being designed by Gensler and backed by a consortium that includes Georgian developers Archi Group and Biograpi Living.
The New York-based The Sapir Organization and a former Trump business partner are also involved in the project, according to the report.
The Wall Street Journal notes that the project reflects how the Trump family company has adjusted its international business approach during the second term of Donald Trump.
“In 2012, the company planned a project in Batumi but later withdrew from it to avoid the appearance of a conflict of interest,” the article reads.
Describing Georgia’s broader context, the publication notes that the country is seeking to balance geopolitical relationships while attracting foreign investment through business-friendly policies, low taxes, and a growing tourism sector.
Other News
Kazakhstan announces just energy transition investment platform
23.04.2026.16:59
Kazakhstan has today, at the Regional Ecological Summit 2026 in Astana, announced its just energy transition investment platform (QaJET), as part of its climate, economic resilience and development goals.
QaJET reflects the country’s ambition to advance clean energy transition by deploying 10 GW of new renewable capacity by 2035. This will entail around US$ 20 billion (€17.4 billion) of investment from a range of private and state sources, and will lead to the reduction of greenhouse gas (GHG) emissions by more than 20 million tonnes a year. This represents approximately 7 per cent of the country’s energy-related GHG emissions.
A memorandum of understanding (MoU) was signed by Kazakhstan’s Minister of Energy Yerlan Akkenzhenov, Minister of Ecology and Natural Resources Yerlan Nyssanbayev, and EBRD Managing Director, Central Asia and Mongolia, Hüseyin Özhan. The MoU establishes the foundation for cooperation with international financial institutions, donors, philanthropic organisations and private investors supporting QaJET’s implementation.
This is a significant milestone for Kazakhstan, which has a carbon-intensive heavy industry and relies significantly on coal for electricity generation. At the request of the government of Kazakhstan, the EBRD has been helping the ministries to develop the concept of QaJET and will continue to lead the coordination of its implementation with national and international partners.
QaJET reinforces Kazakhstan’s existing commitment to achieving carbon neutrality by 2060 and, as set out in its Nationally Determined Contribution, to reducing its net GHG emissions by up to 25 per cent by 2030 compared to 1990 levels.
In addition, the QaJET platform will contribute to greater energy security for the country, improve economic competitiveness and resilience, and stimulate the local production of technologically advanced renewable energy components and related services.
Areas of cooperation under QaJET will include:
The EBRD will draw on lessons learned from previous EBRD-supported country platforms, such as Egypt’s Nexus for Water, Food and Energy (NWFE) – Energy Pillar, the North Macedonia Just Energy Transition Investment Platform (JETIP), and the Türkiye Industrial Decarbonisation Investment Platform (TIDIP).
The EBRD has invested almost US$ 12 billion (€10.2 billion) in Kazakhstan to date through 345 projects, making the country the largest and longest‑running recipient of EBRD investment in Central Asia.
