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Investment

Chinese Company Buys 75% Stake in Poti Industrial Zone

Members of a Georgian delegation have talked about Georgia’s investment climate as part of Georgia-China business forum in Siemen, China. Georgian delegation was led by Minister of Economy Giorgi Gakharia. Deputy Economy Ministers Nino Javakhadze and Giorgi Cherkezishvili delivered a speech at the business forum. Similar forums foster enhancement of …

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100 Milion GEL to Be Invested in the Development of Resort Tetnuldi

According to Giorgi Kvirikashvili, Prime Minister of Georgia, 100 million lari will be invested in the development of resort Tetnuldi. He stated about it at the presentation of mayoral candidates in Samegrelo-Zemo Svaneti region. ”We are doing everything to develop enterprise here. About 500 projects have been financed in micro …

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Investment Projects List to be Implemented in Ajara in 2018-2021

Ministry of Finance and Economy of Ajara will implement new programs in order to strengthen investment process in Ajara. Promotion of attracting investments in the region will be financed by 2 165 600 GEL in 2018-2021. Ministry of Finance and Economy of Ajara informs: Investment current projects  in New Boulevard …

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5 Star Hotel Cortyard Mariott to Be Built in Kutaisi

Representative of Courtyard Marriott and Temur Chkonia signed a Memorandum of Cooperation in Kutaisi City Hall. According to the agreement, Temur Chkonia will build a 5 star, more than 100-rooms hotel, and management will be handed over to “Courtyard Marriott”. The hotel will be located on renewed David Aghmashenebeli Avenue, …

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Dimitri Kumsishvili Met Representatives of Large British Investment Fund

First Deputy Prime Minister, Minister of Finance Dimitri Kumsishvili had meeting with representatives of the British Investment Fund CapEthica Investment Fund (CIF). First Deputy Prime Minister Dimitri Kumsishvili reviewed the economic situation of Georgia at the meeting and discussed about the ongoing and planned economic reforms and decisions of the …

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Fatema Z. Sumar, Regional Deputy Vice President of Millennium Challenge Corporation Celebrates SDSU Convocation in Georgia

Fatema Z. Sumar, Regional Deputy Vice President for Europe, Asia, Pacific and Latin America in the Millennium Challenge Corporation’s Department of Compact Operations is visiting Georgia to participate in San Diego State University’s second Convocation ceremony. The Millennium Challenge Corporation (MCC) has a singular mandate to improve lives around the …

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Georgian Almond Growers Association Is Established

The demand for almonds is increasing all over the world every year. This lead Foreign investors to look for new locations to set up almond orchards. Georgia has an extraordinary opportunity to become a hot point for the almond production: the climate and the soil of the eastern Georgia makes …

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More Than 14 Million USD was Invested in the Resort Biol

The Prime Minister Giorgi Kvirikashvili visited the medical-recreational resort “Biol” together with Tarzisius Caviezel-the Mayor of Davos and opened a new conference hall. The Prime Minister talked about perspective development of the resort and thanked its founder Tamaz Mchedlidze for the development of alternative medicine base. “Tamaz Mchedlidze is a …

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