ÇANKA Group will begin 4-star hotel and youth and democracy workshop study on 829 m2 area in Sarıçay at the end of this month. ÇANKA Group Chairman Kemal Karakaş signed an agreement with municipality for the area in İsmet Paşa Town Setboyu Street two months ago. Kemal Karakaş said "We made an application to municipality for building a hotel to the place next to old İsmet İnönü statue. We signed our agreement two months ago as a result of this application. We will build a 4-star hotel with 7 stairs and 166 beds. Also we will build youth and democracy workshop with 170 pax meeting room for Municipality of Çanakkale. Construction began on bulding area. Foundation will begin end of this month. We are planning complete 10 million dollar cost investment at the end of 2012.