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Daily Archives: September 16, 2016

First Private High-Tech Center Silicon Valley Opened in Tbilisi

First Private High-Tech Center Silicon Valley Opened in Tbilisi

The first private high-tech center “Silicon Valley Tbilisi” was opened in Tbilisi. Respective facility bring the IT Academy, the University of Business and Technologies, school and laboratory as well as research centers and tech incubators to the one space. The opening ceremony was attended by the Prime Minister of Georgia …

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Project of the Spatial Arrangement of the Country Starts in Georgia

Project of the Spatial Arrangement of the Country Starts in Georgia

The transportation network connecting various regions will be drafted and constructed across the whole Georgia – it will perform the function of the country’s backbone, reinforce the regions; Geographic location will not be a barrier for doing business and movement across Georgia – Spatial Arrangement Project of the country provides …

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Transport Experts Expect Cargo Turnover Growth in Georgia

Transport Experts Expect Cargo Turnover Growth in Georgia

According to “Research Centre of Transport Corridor”, cargo flow might be grown in Georgia. Paata Tsagareishvili, director of the centre has noted about it to TV-company “Imedi” and declared, that “Georgian Railway” managed objectively to adjust to the transport-railway market. “Special, i.e. preferential tariffs are imposed on 28 types of …

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IFC Studying Southern Gas Corridor Project

IFC Studying Southern Gas Corridor Project

International Finance Corporation (IFC) is studying the Southern Gas Corridor project, IFC representative in Azerbaijan Aliya Azimova told Trend Sept.9. She pointed out that this project is of great importance for the entire region. “We constantly follow the ongoing processes in this project and systematically connect with its main participants. …

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Turkmenistan to Make big Investments in TAPI Project

Turkmenistan to Make big Investments in TAPI Project

Turkmenistan plans to allocate major part of investments to construction of TAPI gas pipeline, said the country’s President Gurbanguly Berdimuhamedov during a meeting of the Council of Elders. The groundbreaking ceremony for Turkmen section of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline with the capacity of up to 33 billion cubic meters of …

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Tsipras: Greece to be Energy Hub Thanks to TAP

Pursuing multi-vector foreign and energy policies, Greece will become an energy hub, Greek Prime Minister Alexis Tsipras said at a press conference Sept.11, RIA Novosti reported. He said the energy routes of the 21st century will go through Greece. “To a large extent we have succeeded in this thanks to …

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Russia Prepares for Gas Divorce From Europe

Russia Prepares for Gas Divorce From Europe

Political tension with Europe and the increasing role of liquefied natural gas (LNG) has the world’s biggest supplier looking to increase exports to the Asia-Pacific region, according to Russia’s Federal Subsoil Resources Management Agency. “The crisis in relations between Russia and the West has already led to a reduction in …

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Azerbaijan Resumes Manufacture of Oil Products

Azerbaijan Resumes Manufacture of Oil Products

The Heydar Aliyev Baku Oil Refinery has resumed the manufacture of oil products, reads a message from Azerbaijan’s state oil company SOCAR. The refinery suspended the manufacture of oil products in August due to the scheduled repair works. Catalytic cracking, primary processing, coking and catalytic reforming facilities have been commissioned after …

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