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Import and Manufacturing of Electric Buses May be Exempt from VAT

Import and Manufacturing of Electric Buses May be Exempt from VAT

Electric cars and minibuses may be exempt from the added value tax. Tbilisi City Hall appeals to the Parliament with the draft project to exempt import and manufacturing of this type of transport from VAT. The issue is already agreed with the Finance Minister. The Mayor of Tbilisi, Kakha Kaladze …

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Twenty-two Slovak Investors to Arrive in Georgia

On May 25 a business conference will be held in Tbilisi and 22 Slovak investors will attend it to meet with hundreds of Georgian businessmen. At the conference Georgian and Slovak parties will negotiate various investment projects. “Georgia is an interesting country for Slovak investors and their arrival is important …

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Enterprise Georgia Project May Embrace New Component

“Mikheil Khidureli, new director of Enterprise Georgia project says that the ongoing projects are very successful and they will be maintained. At the same time, they may be refurbished and new components may be also added to the project. We will also identify directions with more potential and we will …

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BTK to Shorten Transportation Time between China, Europe

BTK

The Baku-Tbilisi-Kars (BTK) route within the framework of the Silk Road will ensure the economic growth of the whole region, reducing the time of transportation between China and Europe by about 15 days. The BTK railway will ensure the economic growth of the whole region of the Caspian and Black …

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EBRD Will Allocate 400 Million USD for Climate Change Adaption

The EBRD will allocate 400 million USD in 10 countries for investing in adaptations to climate change. 300 million dollars will directly finance the European Reconstruction and Development Bank, and 100 million dollars will be allocated from the Green Climate Fund. The list includes countries such as Georgia, Armenia, Egypt, …

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World’s Leading Design Company BergerABAM to Develop Anaklia Seaport Design

The world’s one of the leading designing and building companies BergerABAM has won international tender announced for preparing a detailed design for Anaklia deep-water seaport development. According to information from Anaklia Development Consortium, companies, which are included in the list of the world’s top 20 designing companies, have taken part …

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Geostat: Unemployment Rate is Higher Among Men than Women

According to Geostat’s research, the unemployment rate is traditionally higher among men than in women. In 2017, the indicator was higher than 2.3 percentage points in men compared to the corresponding indicator of women. In addition, the indicator in 2017 increased by 1.8 percentage points in women compared to 2016, …

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Wizz Air to Perform Flights from Spain, France, Czech Republic, Italy and Greece

Wizz air georgia

Wizz Air airline has deployed the second A-320 modern airplane to Kutaisi International Airport to perform flight from Spain, France, Czech Republic, Italy and Greece. The airline will perform flights from Bucharest and Vienna too, Ketevan Aleksidze, director for Georgian Airports Association told the Commersant radio. “Besides the existing novelties, …

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Georgian and German Railway Companies Introduce Joint Project in China

Georgian Railway and German Railway have introduced a joint project at Transport Logistic China 2018, which was held in Shanghai, Georgian Railway officials report. The project calls for organizing multi-modal cargo shipping from Near East to China, Georgian Railway representatives noted. “The route of the mentioned project starts in Duisburg …

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Georgia’s Rural Priorities Discussed at EU-supported Event

Representatives of Georgia’s government met in the town of Tetritskaro on 17 May to discuss the country’s rural development priorities and its progress in introducing and implementing the new concept of rural development. The main topics of the meeting referred to the state programmes and initiatives designed to promote rural …

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