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Daily Archives: June 19, 2017

Asian Development Bank to Finance Dzirula-Chumateleti Highway Reconstruction

Asian Development Bank (ADB) will finance the rehabilitation of about 50 kilometer section of Dzirula-Kharagauli-Moliti-Chumateleti highway . The corresponding agreement was signed by Dimitri Kumsishvili, Minister of Finance of Georgia and ADB director general Sean O’Sullivan. The agreement calls for allocating 80 million USD financial resource. After the signing ceremony, …

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Mziuri Park Rehabilitation to Start this Year

Mziuri Park rehabilitation tender will be announced in July according to Municipality Development Fund. Tbilisi City Hall addressed this issue to the institution mentioned above. Currently, they are working on the project of park rehabilitation. It includes restoration of part of the park which was destroyed on the 13th of …

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Copper Ores Rank First in Georgia’s Exports Items

Copper Ores Rank First in Georgia's Exports Items

Exports markets have recorded a growing demand for Georgian products. According to Geostat, national statistics service of Georgia, in January-May 2017 exports rose by 28.7% and totaled 1.003 billion USD. Copper ores and concentrates lead in Georgia’s top ten exports items with 170.1 million USD exports (17% in Georgia’s total …

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Metro Line to Connect Samgori to Tbilisi Airport

Metro line which will connect Samgori to Tbilisi airport will be constructed in the near future. Tbilisi city hall is planning to add metro lines but it is not certain yet when it is going to happen. One more direction for an extra metro line may connect Didube to Digomi. …

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Georgia’s Top 10 Exports Items

Exports markets have recorded a growing demand for Georgian products. According to Geostat, national statistics service of Georgia, in January-May 2017 exports rose by 28.7% and totaled 1.003 billion USD. Copper ores and concentrates lead in Georgia’s top ten exports items with 170.1 million USD exports (17% in Georgia’s total …

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Georgian Student Launches Trendy Spinner

Goga Otinashvili is 18-year old startuper, who launched a new Georgian spinner brand. He started producing wooden intellectual toys under the name of Sago brand, in December. The idea belongs to Goga and he is planning to create many more new tools for the future. New Georgian spinner is different …

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A Book on Georgian Qvevri Wine Published in Japan

We met Yutaka Kitajima, the Japanese wine writer, at a wine tasting event Qvevri Wines from Outside Georgia, organized as part of the New Wine Festival in 2016. We enjoyed the wines made in the Georgian qvevri by French, Italian, German, Austrian, Slovenian and Japanese winemakers. That day marked the …

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No Risk for SGC from Revival of South Stream: Expert

The revival of the Russian-initiated South Stream gas pipeline project poses no risk to the Southern Gas Corridor project, which envisages delivery of Azerbaijani gas to Europe, Charles Ellinas, CEO of Cyprus-based energy consultancy e-CNHC told Trend. “All agreements on the Southern Gas Corridor are in place, gas sales are …

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Georgia’s Growing Economy Prompts A Bank to Offer More

Rocky beaches, lush greenery, and balmy weather has made Georgia’s Black Sea resort of Batumi one of the most sought-after vacation destinations in the region. Fifty-year-old resident Nebi Shanidze watched the tourists descend, season after season, overwhelming the few budget and mid-market hotels. He then came out of retirement to …

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