Donald Trump signed a deal at a ceremony in New York this week to develope two towers in Georgia with an estimated worth of up to $300 million according to a New York Times article. The ceremony at Trump Tower in Manhattan attended by Mikheil Saakashvili, the president of Georgia, was held as Trump signed off on a development plan calling for construction of buildings nearly 40 stories tall, one on Rose Revolution Square in the Georgian capital of Tblisi and the other at the Black Sea resort of Batumi.
According to the report, Trump will license his name, and his company will manage the two properties. He will also work with Silk Road to line up financing for the projects and market the towers. Trump said that so far he had no plans to put his own cash into the deal. "We’ll decide whether or not we want to invest," he said.
Construction isn't expected to begin on the towers until 2013.
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