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Monthly Archives: February 2019

EU Launches Rural Development Project in Akhmeta Municipality

Last week, the EU launched a new rural development project in the Akhmeta municipality of Georgia. Entitled “Promoting Inclusive and Participatory Local Development in Akhmeta Municipality”, the project introduces a bottom-up, inclusive rural development approach that fully engages all communities in the municipality. The project follows the earlier EU-supported rural …

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IMF: Georgia’s Economic Growth is Projected at 4.6 percent in 2019

An International Monetary Fund (IMF) team, led by Mercedes Vera-Martin, visited Tbilisi during February 20-26, 2019 to discuss recent economic and financial developments and progress with structural reforms. At the end of the visit, Ms. Vera-Martin issued the following statement: “Economic activity, which grew at 4.7 percent, proved resilient in …

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Workers of Tbilisi Aircraft Manufacturing Company Go on Strike

Tbilisi Aircraft Manufacturing company workers have gone on strike. They demand for improving the working conditions. On February 27, a total of 120 workers went on strike. One of the organizers of the protest rally Otar Bakhtadze told IPN that the workers demand for growing salaries and introducing a bonus …

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Georgia Expects to Receive 6.6 billion USD Revenues from Tourism Sector in 2025

According to the 2025 tourism strategy, Georgia will receive 6.6 billion USD revenues from tourism sector by 2025, Mariam Kvrivishvili, head of National Tourism Administration, noted. Kvrivishvili introduced details of the new strategy and priority tourism products to the private sector representatives. The administration will be oriented on quality and …

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Over 90% of Subscribers Will Be Gasified in 2019-2021

Deputy Minister of Economy and Sustainable Development, Natia Turnava introduced the 2019-2021 Gasification Action Plan to the Prime Minister’s Adviser for the Regional Development, Sozar Subari and the Regional Representatives. The Plan envisages allocation of over 200 million GEL for the relevant works from the State Budget. As a result, …

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Tbilisi to Host International Conference – Energy Efficiency in Buildings

On March 28, for the first time in Georgia, the conference on energy efficiency issues- Energy Efficiency In Buildings will be held in Tbilisi. The event is organized by N1property hub www.propertygeogia.ge (Property Georgia) and  Responsible Property Investment Council  of Georgia (RPICG). Co-organizer of the EE-conference is C4IBS (Center for Innovative Business Solutions). The conference supporters …

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Georgia’s New History in 30-Year Biography of ARCI (Part IV)

The stories that ARCI company has passed through reflect the 30-year history of Georgia. These stories are full of admiration, bravery, doubts, fear, risks, devotion, misery, feeling of despair and achievements – ARCI has turned 30. Arci’s Founder and Architect Gia Abuladze continues telling  company’s story: ”As I said, events …

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Government Allocates 4 million GEL for Technical Assistance of Farmers

Government of Georgia has approved a new program to ensure co-funding of mechanization process for farmers in Georgia. Prime Minister Mamuka Bakhtadze noted at today’s briefing that in 2018 exports volume in agriculture sector rose to 1 billion USD and the government support to the sector increased further. According to …

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