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Daily Archives: January 18, 2019

Prime Minister: EU Allocated 3.4 billion EUR for Georgia

Georgia will receive 3.4 billion EUR credit from EU as part of the Trans-European Transport Network initiative. The mentioned investment portfolio has been approved and the funds will be spent on developing new roads, bridges, seaports and other projects, Prime Minister Mamuka Bakhtadze noted. ‘European Union has allocated 3.4 billion …

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City of Education and Science to be Built in Tbilisi

By the initiative of the Minister of Education, Science, Culture and Sport of Georgia, Mikheil Batiashvili, city of education and science will be built in Tbilisi, namely, in the big Dighomi area, which will play the role of multifunctional educational complex. According to the minister, “The City of New Education …

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Zaza Pachulia Building Hotel by Sioni Lake in Georgia

Champion of NBA, famous Georgian basketball player Zaza Pachulia will build a hotel along Sioni Lake. Zaza Pachulia plans to build a hotel in cooperation with the founder of “Archi Group” Ilia Tsulaia. Their joint venture “Sioni Lake Resorts & Spa” has been founded and acquired real estate in the …

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New methodology for natural gas transmission tariffs presented in Georgia

On 16 January, the EU4Energy Governance Project presented the first draft of the gas transmission tariff methodology and calculation tool during a stakeholder meeting in Georgia. The new methodology will enable Georgian Gas Transmission Company to calculate the applicable tariffs and implement the entry-exit tariff system in practice, in line …

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