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Daily Archives: October 12, 2016

New Hotels and Ropeways Underway in Gudauri

New Hotels and Ropeways Underway in Gudauri

Three new ropeways are being constructed in Gudauri. Minister of Economy Dimitri Kumsishvili has visited the working sites. The rope-way construction works are being carried out by Black Sea Group under the general design developed by Canadian company EcoSign. Rope-ways system of Doppelmayr, the world’s one of the leading companies …

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Regional Human Development Report 2016

Global narratives on inequalities and how best to address them have not yet fully connected with the transition and developing economies of Europe, Turkey, and Central Asia. This is partly because of the region’s largely post-socialist heritage, which left relatively equal distributions of income, relatively broad access to social services, …

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Government Refrains from Unveiling Details about POTI FIZ Deal

Government Refrains from Unveiling Details about POTI FIZ Deal

Government of Georgia does not unveil details of the agreement with RAS Al Khaimah Investment Authority, under which a 85% stake in Poti free industrial zone has been transmitted to Authorities of Georgia. The Ministry does not know whether the state-owned stake in FIZ will be sold. Ministry of Economy of …

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22nd International Student Conference in Tbilisi

On 22nd of October, there will be the biggest Students Regional Conference organized in the Caucasian Region named “European Students for Liberty”, in the National Library of Georgian Parliament. The most part of conference will be dedicated to discuss classical liberal principles, such as: Individual freedom, the role of state …

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France’s First Drug Room for Addicts to Inject Opens in Paris

A Paris hospital is now housing France’s first “shooting gallery” – a safe place where drug addicts can inject under medical supervision. The controversial drug room was opened by Paris mayor Anne Hidalgo and Health Minister Marisol Touraine on Tuesday. It is near the Gare du Nord, a busy station …

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Fitch Approves Rating to Silknet

Fitch Approves Rating to Silknet

Fitch Ratings international rating company has conferred B+ rating to Silknet cellular communications operator with outlook of Stable. Fitch’s rating reflects the agency’s positive outlook on Silknet’s future: its ability to defend market positions, expected significant investments into new fibre infrastructure, key growth drivers, including broadband and pay-TV, and a …

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China Developing Railway Corridor in Turkmenistan

China Developing Railway Corridor in Turkmenistan

China is developing a railway corridor to Iran through Turkmenistan, the ‘Neutral Turkmenistan’ newspaper reported Oct. 11. The total length of the China-Kazakhstan-Turkmenistan-Iran railway route is around 10,000 kilometers and travel time is around two weeks, which is, on average, two times faster than by sea. According to the report, …

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