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Tag Archives: Partnership Fund

Partnership Fund to Implement Tourism Development Projects in Racha Region

Partnership Fund of Georgia plans to develop tourism potential in Racha Region. The Fund plans to implement several projects in the Region in cooperation with the private sector, Giorgi Danelia, the Partnership Fund’s investment department director, told BM.GE. “We have selected 3 interesting projects for Racha Region – at Shaori, …

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Fitch Revises Outlook on Georgia’s JSC Partnership Fund to Positive

Fitch Ratings has revised Georgia-based JSC Partnership Fund’s (PF) Outlook to Positive from Stable while affirming the entity’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BB-‘. The agency has also affirmed the company’s Short-Term Local Currency IDR at ‘B’. The revision of the Outlook follows a recent …

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Mirian Gogiashvili Appointed as Head of Partnership Fund’s Subsidiary

Mirian Gogiashvili has been appointed a director of Partnership Fund’s subsidiary that has been established to promote maximally efficient and profitable sectors and projects. Gogiashvili told BM.Ge that Sectoral and Regional Development Company of Georgia is a subsidiary of Partnership Fund. The company is to identify sectoral priorities and their …

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Chinese Investors Want to Grow Rapidly Renewable Forest Plantations in Georgia

Chinese Investors Want to Grow Rapidly Renewable Forest Plantations in Georgia

Chinese investors want to grow rapidly renewable forest plantations in Georgia. Business delegation and Forest Department of Jiangxi Province have submitted a plan at the meeting with executive director of Partnership Fund. It should be noted, that investors are interested in growing renewable forest plantations, processing of timber and manufacturing …

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Partnership Fund Becomes Stakeholder of Nenskra Hydro

Partnership Fund has become a stakeholder in Nenskra Hydro. Representatives of Partnership Fund management and K-Water design company held a working meeting. Namely, Partnership Fund has bought 20 000 shares of Nenskra HPP, that is about 10% stake in the project. At the meeting the parties signed official document on …

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Executive Director of the Partnership Fund met Managing Director of OPIC in the USA

Executive Director of the Partnership Fund met Managing Director of OPIC in the USA

David Saganelidze, Executive Director of the Partnership Fund met Kenneth Angel, Managing Director of the Overseas Private Investment Corporation (OPIC). OPIC officially named Georgia among the priority countries and discussed Georgia as an important partner for OPIC three weeks ago. According to OPIC’s managing director, OPIC will focus on investment projects …

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Nenskra Hydropower Plant is a Unique Project for Georgia

Korean K-Water Assists Partnership Fund to Construct Nenskra HPP

“The Partnership Fund” is constructing Nenskra HPP together with a Korean company K-Water in Svaneti, on the Enguri River tributary. Nenskra HPP will start generating electric power in 2019. The project is scheduled to be completed in 2021. Natia Turnava, Deputy CEO of the Partnership Fund talks to “Business Morning” …

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British Organizations are Interested in the Clinics of the Partnership Fund

British Organizations are Interested in the Clinics of the Partnership Fund

David Saganelidze, Executive Director of Partnership Fund hosted delegation of the British-Indian Clinical and Academic Partnership BICAP and one of the world’s leading research and training universities, King’s College London. The British delegation is interested in development of the three clinics, owned by the foundation. They want to cooperate with …

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Partnership Fund Seeking Investor for Building Head Office

Partnership Fund Seeking Investor for Building Head Office

Partnership Fund of Georgia is seeking an investor for building its head office. The Fund’s management does not plan to construct the new building with the budget finances. The new office will be located in Okrokana, the fund’s management told Business Course. Currently, negotiations are underway and the plan includes …

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