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Daily Archives: November 28, 2017

Baku-Tbilisi-Karsi Railroad is Part of Silk Road, not Competing Section

Baku-Tbilisi-Karsi railroad is a part of Silk Road, not a competing section”, Minister of Finance Mamuka Bakhtadze noted before the Silk Road Forum commencement. “More than 2 000 delegates are taking part in the Silk Road Forum. All serious companies or players in East-West corridor are participating in the Forum. …

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Aircraft Parts Manufacturing Factory to Launch in 2018

The aircraft manufacturing factory will be opened at the end of 2018,- Partnership Fund leader David Saganelidze said. “There was a meeting yesterday with Elbit Cyclon leadership. They arrived in Georgia with regard to the project.  Construction is underway, meeting the schedule, building is about to finish. Its equipment will …

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Tbilisi Airport on Track to Hit Three Million Passengers in 2017

Serving the capital of Georgia, Tbilisi Airport , one of three international airports serving the country along with Batumi and Kutaisi, is on a roll at the moment when it comes to growth, with the airport being close to reaching the three million passenger mark this year, despite it only seeing 0.62 …

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Deputy Trade Minister of China: Silk Road Initiative Moves to New Phase

“Georgia is the first country, which has reacted to Silk Road Forum initiative and it is an important partner”, Qian Keming, Deputy Commerce Minister of China, noted when delivering a speech at Silk Road Forum in Tbilisi. Qian Keming is taking part in the Forum’s welcome panel – “High-level Dialogue: Belt …

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Georgia Ranks 76th in terms of Infrastructure Quality

Georgia ranks 69th in terms of infrastructure competitiveness. According to the World Economic Forum indicators, Hong Kong ranks first with the world’s best infrastructure (6.7 point of 7.0 point). Georgia’s rating score is 4.2. Top 10 countries in the rating are as follows: Hong Kong – 6.7 Singapore – 6.5 …

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Tender of Anaklia City Management will be Announced in Spring

According to TBC Bank president Mamuka Khazaradze, tender of special economic zone management will be announced in Spring. He shared the news, before Silk Road Forum took a start. “As you know, except for Anaklia port construction, we cultivate special economic zone. Complete detailed study of which industries will be …

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Auto Portal Myauto Launched Auctioning Module

Several weeks ago on the regional auto portal myauto.ge – auctioning module was launched, that allows buyers to participate and purchase high quality used vehicles directly from the European seller. Currently vehicles for sale are supplied from Belgium, Lithuania and Estonian Leasing companies, Insurances and Banks. Any buyer can easily …

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Tickets of Georgian Railway are Now Available on Mobile Application

Georgian railway launched ticket realization through mobile application. Application is compatible for IOS, Android and Windows platforms. Purchasing a travel ticket is a simple process through mobile application: One should choose the preferred direction on the first page of the application, departure and return dates. On the second page, the …

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Georgia Should Be Important Player in One Belt One Road Initiative

According to the president of TBC Bank, Georgia should become important player in the Silk Road initiative, bm.ge reports. Today Tbilisi hosts highly important forum which takes places for the second time. This once again underlines the fact that Georgia is an important player for One Belt One Road initiative. …

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Colliers International Georgia named as Best Consulting Company of the Year at Eastern Europe Real Estate Awards 2017

Colliers International Georgia named as Best Consulting Company of the Year at Eastern Europe Real Estate Awards 2017

Eastern Europe Real Estate Forum and Awards 2017 was held on November 23rd in Kiev, Ukraine. EEA forum hosted 250 guests from the region, including developers, real estate experts, investors and representatives of financial institutions. The Forum is a commercial real estate event that includes member from Azerbaijan, Belarus, Georgia, Kazakhstan, …

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