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Daily Archives: July 24, 2018

Georgia’s Foreign Trade Grows at High Paces

Georgia Has Positive Trade Balance with only Bulgaria among Top 10 Trade Partners. In January-June 2018 Georgia’s external trade turnover (excluding undeclared trade) made up 5 985.9 million USD, up 24.3% year on year. According to Geostat, national statistics service of Georgia, exports constituted 1 593.6 million USD (+28.5%) and …

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Prime Minister Announces Green Economy Strategy

Prime Minister Mamuka Bakhtadze announced a new green economy strategy, which presentation will be held in a few days. “The green economy is an absolute priority for us, which will enable us to take a new level of economics and lifestyle quality of our citizens.Most European countries have embarked on …

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Tbilisi Mayor: Yellow Buses will Be Entirely Replaced

Kakha Kaladze

In 2018-2019 all yellow buses will be replaced by new, modern European-standard buses, Tbilisi Mayor Kakha Kaladze noted at the presentation of Tbilisi Transport Policy. “We express our gratitude to the Prime Minster, because this project requires huge funds. Today we have excessive number of yellow buses, but we assure …

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Georgia, Azerbaijan and Germany Expand Cooperation on Real Estate Management

Azerbaijan, Georgia and Germany have discussed the prospects of state property management, the possibility of attracting investment in privatization and exchange of experience in this field. The meeting, held in Tbilisi on July 21, was attended by Chairman of Azerbaijan State Committee on Property Issues Karam Hasanov, Head of Georgia National Agency of …

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City Hall to Introduce Hourly and Zonal Parking System in 2019

Starting January 1, 2019, Tbilisi City Hall will start implementing a pilot project for introduction of hourly-zonal parking payment system in central areas of Tbilisi, Vice mayor Irakli Khmalade noted at presentation of the capital city transport policy. The parking system efficient regulation policy is to develop the transportation system, …

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Socar Buys New Gas Pipeline Networks in Georgia

SOCAR Increases Share in its Georgian Subsidiary

SOCAR Georgia Gas, a subsidiary of Azerbaijan’s state oil company SOCAR, has acquired gas pipelines in a number of Georgian districts with a total length of 594,000 running meters, according to the order published on the official website of Georgia’s government. The gas pipelines have been transferred to the company …

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Adjara Finance and Economy Ministry Spends 163 522 EUR Inefficiently

“The EBRD loan for solid wastes management project implementation was not fully employed in 2017”, the auditor’s conclusion reads regarding the financial report of Adjara Finance and Economy Ministry. According to the conclusion, under the agreement conditions, as of December 31, 2017, in terms of payment of liabilities, budget funds …

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Pratap’s Signature Hotel-Resort and Spa Opened in Ganmukhuri

Hotel Pratap’s Signature Hotel-Resort & Spa has opened on July 2 in Anaklia, Ganmukhuri. The resort is made in a cottage style, which is ideal for relaxation. The sun, sea, fun, leisure – Pratap’s Signature Hotel will give you everything. This place makes it possible for all the guests to …

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