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Daily Archives: December 12, 2017

Executive Director of the Partnership Fund met Managing Director of OPIC in the USA

Executive Director of the Partnership Fund met Managing Director of OPIC in the USA

David Saganelidze, Executive Director of the Partnership Fund met Kenneth Angel, Managing Director of the Overseas Private Investment Corporation (OPIC). OPIC officially named Georgia among the priority countries and discussed Georgia as an important partner for OPIC three weeks ago. According to OPIC’s managing director, OPIC will focus on investment projects …

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Ketevan Bochorishvili: Anaklia Seaport will Receive First Ship in 2021

Ketevan Bochorishvili

Anaklia deepwater seaport construction works will start on December 20, 2017. The new seaport will receive the first ship in 4 years, Ketevan Bochorishvili, Anaklia City executive director told Ipress. Government of Georgia has adopted the strategy for space arrangement of Anaklia seaport and infrastructure and 3.5 billion GEL has …

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Miami Ad School Named Georgian Copywriter as the Best Student

 Irakli ”Baski” Asatiani was named as the best student by Miami Ad School . Irakli works in advertising field several years, he is the winner of Young Lions Georgia 2016 in Print category and a copywriter of ABK. Miami Ad School was established in 1993 and is one of the most …

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Polymeric Clay Handmade Characters on Glasses

”Zolebi” (ENG: the stripes) is the product of a different look, color and shape of the artists Medea Zakaraia and Natia Khachidze. Cloisonné enamel, painted glasses, wineglasses, bags and reliefs of polymer clays on ceramic glass – this is a list of products that Zolebi offers to their customers. Ordering …

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Wizz Air adds New Destination from Kutaisi Airport

Airline Wizz air will launch flights from Kutaisi International Airport to Latvia on March 25, 2018 – the Ministry of Economy and Sustainable Development of Georgia United Airports of Georgia reports. Flights from Kutaisi to Riga direction will be twice a week – Wednesday and Sunday. Kutaisi-Riga tickets will be …

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Dimitri Kumsishvili: Reinvestment Rate has Almost Doubled

“In recent years the reinvestment data in Georgia ranged between 200 million and 300 million dollars. The growth of this indicator has influenced the business-friendly fiscal reform in Georgia, namely, the profit tax reform, “said the  Vice-Premier, Minister of Economy and Sustainable Development Dimitri Kumsishvili at the briefing held for …

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Four Investment Projects of 16 million GEL to Start at Goderdzi Resort

Four new investment projects of 16 million GEL will be implemented at Goderdzi Resort. According to Ministry of Finance and Economy, agreements have been signed on four new investment projects for Goderdzi Resort. The new investment projects call for making 15.790 million GEL in building a hotel with 254 suites …

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Media Activities of Georgian Banks

In October 2017, the media activity of Georgian commercial banks took two directions. The listener and reader got acquainted with the direct activities of banks, ie financial sector, such as products, branch upgrades, banking indicators and operations, etc.  On the other hand, the banking sector is actively involved in various …

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Georgia Needs Consistent Policy for Economic Empowerment of Women

Limited access to financial resources and the lack of consistent national policy are the main obstacles for women’s economic empowerment in Georgia, concludes the research unveiled by the United Nations Development Programme (UNDP) and Union Sapari on December 8, 2017. The research examined the programmes and initiatives, undertaken in Georgia …

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