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South Caucasus’ Opens its First Plant of Aircraft Composite Parts

High-technology plant of aircraft composite parts (ATC) opened today. Prime Minister of Georgia Giorgi Kvirikashvili, Partnership Fund’s executive director David Saganelidze, Elbit Systems Cyclone representative Ran Kril and Israeli Ambassador in Georgia Shabtai Tsur delivered speeches at the inauguration ceremony. Representatives of Government of Georgia, parliament, local self-governments, diplomatic corps …

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Assessing Progress in Implementing Small Businesses Reform

On 7 June, the Public-Private Working Group on the Small Business Act (SBA) for Europe will meet in the Georgian capital Tbilisi. The event will bring together stakeholders in small and medium-sized enterprise (SME) policy: from representatives of the Georgian Government and relevant agencies to members of academia, the private …

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Georgian CEO Listed Among Young Global Leaders by WEF

World Economic Forum named CEO of Adjara Group, Valeri Chekheria among Young Global Leaders of 2018. The World Economic Forum established the Forum of Young Global Leaders to foster leaders in public-private cooperation and forge a new model of global governance for the Fourth Industrial Revolution. Every year, the Forum honours 100 …

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Hotel Industry Development component – Host in Georgia

The new Hotel Industry Development component of the state program ‘Produce in Georgia’ has already noted huge successes. Entreprise Georgia already supported 44 business entities, with a total investment volume of 128.7 million GEL and based on these 44 new hotels, more than 1,300 people will be employed and an additional 1,300 new rooms will be added to the Georgian …

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Georgia and EFTA: Free Trade Agreement Comes Into Force

Interview with President of Georgian Swiss Business Association Ms.Nona Mamulashvili. A free trade deal between Georgia and four European countries has begun recently, how will Georgia benefit from this deal, and what is the importance of the agreement for both sides? The FTA between Georgia and EFTA countries creates a …

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Hotel Infrastructure to be Arranged Near Tbilisi Airport

Hotel Infrastructure will be arranged near Tbilisi Airport. The stater is already looking for an investor to build a hotel. In order to develop tourism infrastructure, the National Agency of State Property has presented 12 563 sq.m existing property by Tbilisi Airport for sale at electronic auction within the project:  …

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GINO Green City Corporation to Build Eco City at Tbilisi Sea

GINO Green City Corporation plans to build an eco city at Tbilisi Sea. GINO Group and Partnership Fund have already signed several documents. Eco Green city project calls for developing Tbilisi Sea territory. The project’s investment value is 700 million EUR. The biggest project of GINO Group calls for building …

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