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Tag Archives: investment

Turkish Investments Halved in Ajara

Turkey has invested 135 million dollars in 2016 in the region of Adjara; Last year, this figure fell to 52.5 million dollars. Eka Bakhtadze, Head of Economic Development Department of Ministry of Finances and Economics  said that Turkish and in general, the reduction of investments is related to HPPs construction …

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Foreign Direct Investments in Georgia in 2017

Foreign direct investments (FDI) in Georgia amounted to USD 1888.8 million in 2017 (adjusted data) up 20.6 percent from the same data of 2016 and up 1.4 percent from the preliminary data of 2017. Geostat adjusted the volume of FDI in Georgia for 2013-2016 as well. Consequently, the chart below …

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Italian Companies Invested about $530M in Azerbaijan

In general, Italian companies has invested in Azerbaijan about $530 million, and the volume of Azerbaijani investments in Italy is estimated at $135 million. Azerbaijani Economy Minister Shahin Mustafayev made the remarks during a meeting with Deputy Minister of Economic Development of Italy Michele Geraci in Baku on July 19. …

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Natia Turnava: Inflow of Long-Term Investments Grow

Volume of long-term investments are rising in the country over the past period, Natia Turnava, deputy executive director of Partnership Fund, noted. Activation of private players signifies that we have healthy and valuable business environment, Natia Turnava said. “Major infrastructure projects, airports or seaports projects cannot be implemented without long-term …

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Azerbaijan Invested $51m in Georgia’s Economy in Q1 of 2018

Azerbaijan invested $51 million in Georgia`s economy in the first quarter of this year, becoming its second largest investor, according to the Georgian media. With $82.7 million investment, the UK is Georgia`s largest investor, while China is third with $41.6 million. The total volume of the investment made in Georgia`s …

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Swiss Investments in Georgia Rise 7.5 Times

According to preliminary indicators, foreign direct investments in Georgia from Switzerland made up 22.3 million USD in 2017. According to Geostat, the figure has increased 7.5 times compared to 2016, when 2.9 million USD FDI was invested from Switzerland. As to top investment fields, in 2017 Swiss FDI inflows to …

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1.5 billion USD Investment in Petrochemical Conglomerate of Supsa

New Energy Hub Attracting Global Investors Construction of an oil-petrochemical complex worth 1.5 billion USD will begin in Supsa, Georgia, in 2018. This global project will be undertaken by the GEOPARS Company. The Government of Georgia has already allocated 200 hectares of the land to the company under the 1,5 …

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Frank Group is Interested in Investment in Georgia

Large international investment group Frank Group discusses the possibility of investing in Georgia – the executive director of the company Elle Frank and Prime Minister of Georgia, Giorgi Kvirikashvili talked about the specific areas and investment opportunities at today’s meeting. The Head of the Government of Georgia introduced the representatives …

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Kazakh Companies to Involve in Infrastructure Projects of Georgia

The Prime Minister of Georgia Giorgi Kvirikashvili and the Minister of Investment and Development of the Republic of Kazakhstan, Jenise Kassembek, discussed the economic and trading cooperation between Georgia and Kazakhstan, the ongoing infrastructural projects in the country and the economic situation in the region. The sides positively evaluated dynamics …

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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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