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Monthly Archives: November 2017

Georgian Movies are Winners of Asia Pacific Screen Awards

Georgian films Dede and Scary Mother (Sashishi Deda) were named major winners at the Asia Pacific Screen Awards (APSA) ceremony in Brisbane, Australia. In 2017 films from Georgia lead the winner tally. This marks the first ever APSA win for Georgia in the 11-year history of the event. Films from Australia, India and Russian Federation …

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Free Trade Regime with China to Launch in January 2018

In January 2018, free trade with China will be launched, – Minister of Economy Dimitri Kumsishvili said at the Silk Road Forum. “The Georgian Parliament has ratified this agreement two weeks ago and the Deputy Minister of Commerce of China has also confirmed that since January 1, the Free Trade …

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Turkey Sends First Train to Azerbaijan via BTK Railway

The first train will be sent today from Turkey to Azerbaijan via the Baku-Tbilisi-Kars (BTK) railway, the Turkish media reported Nov. 28. Reportedly, the train will arrive in Baku within 96 hours. The first freight train was sent via the new BTK railway from Kazakhstan’s Kokshetau on October 24. The …

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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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