The state-owned company "Delta Builder" has published its financial report for 2022.


According to the document, during the period the company's income increased by 25 million GEL to 105.6 million GEL. Profit also increased and totaled 5.8 million GEL in 2022 that is 1.8 million GEL more than in 2021.

"Army City" is the largest project by "Delta Builder", which is being built near Makhata Mountain in Tbilisi.

"Army City" is located on Makhata Mountain in Tbilisi. According to the project, 7-storey buildings with 1092 apartments were built. Servicemen will be able to use interest-free internal installments. The approximate cost of a square meter of living space will be about $200 , and servicemen will have to pay about $100 per square meter.

The company "Delta Builder" was founded in 2011 and is owned by the State Military Scientific- Technical Center Delta at the Ministry of Defense. The company’s main activity is to build residential buildings on the order of the Ministry of Defense, as well as other military infrastructure.
The income of the state construction company "Delta Builder" soared to 105.6 million GEL