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Daily Archives: July 6, 2017

Cargo Shipping in Georgian Corridor

In the first quarter of 2017, Georgian Railway financial indicators worsened, as a result of 2% contraction in turnover. Total revenues of Georgian Railway declined by 3% (3 million GEL). In the reporting period, cargo shipping revenues marked 68.18 million GEL, down 10.3% as compared to the same period of …

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The First Honey Cooperative Enterprise Soon in Georgia

Government program supports beekeeping in Georgia. A new state program has approved the first honey cooperative enterprise to be created soon which about 900,000 GEL will be invested, announced Georgia’s Ministry of Agriculture. The new enterprise will be equipped with modern technologies in the primary production of honey and other beekeeping …

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ADC Presented Design of Anaklia Port to Government

Anaklia Development Consortium presented preliminary design of the Anaklia deep sea port to the Government of Georgia. Project includes first phase of Anaklia deep sea port planing, which will cover approximately 110 hectares. Project is drafted for the construction of both, land and sea parts.  The preliminary design document reflects …

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Tbilisi Residents about Disturbances from Noise

On June 28 Parliament of Georgia adopted law on noise. The law will come into force on august 15. Before August 1, the Government plans to prepare technical regulations to determine an allowed verge of decibels. In case of exceeding admissible noise level, the body will receive a warning, while …

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Tbilisi Hosted Conference – Key Benefits and Advantages for Corporations

Tbilisi hosted conference Key Benefits and Advantages for Corporations” on July 5. Independent Directors Association and the European Bank for Reconstruction and Development (EBRD) jointly organized the conference with the support of the Ministry of Economy and Sustainable Development of Georgia. Irma Kavtaradze, Deputy Minister of Economy and Sustainable Development, Bruno …

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Arab Green Valley to Build Highest Towers in Gonio

The Commersant radio station has obtained exclusive information that Green Valley International Real Estate Group, one of the major real estate companies in United Arab Emirates, plans to build Towers in Gonio. The company representative in Georgia Vakhtang Gurgenidze told the Commersant radio station that official presentation of the project …

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Passenger Flow Increased at Batumi International Airport

In June Passenger Flow at Batumi International Airport increased by 59% (60912) in comparison with the same period of 2016. ”TAV Georgia” is a subsidiary company of ”TAV Airports Holding” established in 2005, by agreement validly till 2027. As a result of 180m USD worth investment in Georgia new passenger …

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EU Bank Launches New Scheme to Support Private Sector in Georgia

An EU-backed programme enabling the European Investment Bank to support small and medium-sized enterprises (SMEs) in the Republic of Moldova, Georgia and Ukraine was launched in Chisinau on 4 July. The programme is part of the EU’s Neighbourhood Investment Facility (NIF), aiming to provide a comprehensive package of instruments designed to …

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Role of Electronic Governance in Regional Development

rati abuladze

Regional governments perform multiple public tasks and act as the nearest government institutions for citizens, offer state services and fulfill functions with focus on the society. In our age, digital technologies are required for conducting regional economic activity, shaping economy, integrating regional markets into global economic systems. Today, regional development …

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