"New quarter of Tbilisi" initiated by Georgian President Mikheil Saakashvili will not be constructed, Tbilisi Mayor's Hall told journalists.
However, reasons for refusal to implement the multi-million dollar project are not disclosed.
Construction of the new district of the capital was planned to begin in 2013. Saakashvili announced this initiative at the opening of the "Tbilisi-Mall" shopping center.
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Trend/