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Tag Archives: georgia

Georgia Ranks 5th in terms of Economic Freedom

globus

Georgia has advanced in the rating by 6 positions. The Economic Freedom of the World has recorded changes. Georgia shares 5th-9th   places among 159 countries with equal scores. The rating reflects indicators since 2014 and measures economic freedom level (freedom of choice, markets penetration, private property protection, rule of law …

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Implementation of Anaklia Port Project To Start Soon

Implementation of Anaklia Port project will be launched, – an investment agreement between the Government of Georgia and “Anaklia Development Consortium” will be approved today at the Government meeting, following which the document will be signed. The Prime Minister of Georgia indicated that the working process will start within this …

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Deutsche Welle: Georgia – A New World for Tourists

Sometimes you find yourself in a country which is seen a tourism insider tip and you can’t help but wonder why. That’s how DW reporter Kerstin Palzer felt when she visited the country wedged between Europe and Asia. At Tbilisi airport we were collected by tour guide Shorena, who instantly …

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Georgia Still Among Worst Countries Worldwide For Air Pollution Death

More than nine out of every 10 people on the planet live in areas where air pollution breaches official safety limits – and millions of people are dying as a result, according to new research by the World Health Organisation (WHO). With 90 deaths per 100,000 people, Georgia occupies the 7th position, immediately …

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HeidelbergCement to Invest 100 million USD in Kaspi

HeidelbergCement will invest additional 100 million USD in the Kaspi enterprise. The investment project calls for full modernization of HeidelbergCement plant and construction of clinker production dry line. The project implementation started on September 27, the Prime Minister’s office reports. Georgian Prime Minister Giorgi Kvirikashvili took part in laying a …

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The MP Announces Sharp Growth of Cement Demand on the Market

The MP Announces Sharp Growth of Cement Demand on the Market

Investments of such big German companies as “Heidelbergcement” and “Henkel” indicates to their confidence, – Ambassador of Germany has announced while presentation of new project in Kaspi. According to the diplomat, German logistic companies are also interested in Georgia as well. “Favorable investment environment in Georgia, Free Trade Agreement with …

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Asian Development Bank Increased Georgian Economic Growth Forecast

Asian Development Bank Increased Georgian Economic Growth Forecast

Asian Development Bank (ADB) improved Georgian economic growth forecast. According to the new report, the bank expects Georgian economic growth of 3% this year; the previous forecast has been 2, 5%. However, GDP growth forecast is grown from 3, 5% to 4% by the next year. In the same report, ADB …

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Georgian Citizens to Enjoy Visa-Free Regime in 15 Countries

Ministry of Foreign Affairs of Georgia has achieved visa-free regime agreements with 15 countries. Besides EU countries, the Foreign Ministry is conducting negotiations with countries of other continents too, including 15 ones were finished successfully. These countries are: Bolivia Guatemala Grenada Dominique Commonwealth Ecuador Paraguay Peru Saint Kits and Nevis …

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