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Tag Archives: Partnership Fund

Rehabilitation of Romanov Palace and Likani Historical Complex begins

Rehabilitation of Romanov Palace and Likani Historical Complex begins – “Partnership Fund” presented the project at the territory of the Likani complex on Friday. The purpose of the complex rehabilitation is to create a large-scale tourist location on the territory of the Likani complex. “For the first time, the Palace …

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Alternate Energy High-Tech Plant to be Built in Georgia

Acting deputy executive director of the “Partnership Fund” Giorgi Danelia signed a memorandum in the framework of the official visit of the Prime Minister of Georgia to the United States, according to which the construction of the first modern and sustainable energy high-tech enterprises in Georgia was planned. Memorandum of …

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Second Phase of LOPOTA Tourism Complex Expansion Project Finished

partnership fund lopota

The second phase of expansion of LOPOTA tourism complex has been completed in Kakheti Region with the support of Partnership Fund. The renovated complex is ready to host tourists. The top-class hotel complex inauguration cereony was held on the territory of LOPOTA Spa Resort. Kakheti Region governor Irakli Kadagishvili, Partnership …

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Giorgi Danelia: We are Looking for Projects in Regions

The Partnership Fund – the main partner of the first branded hotels in the Georgian regions, such as Best Western Kutaisi, the Borjomi Likani Hotel (formerly Rixos Borjomi) and Radisson Blu Tsinandali – has been working on new projects across the country. Director of the Investment Department of the Partnership …

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Partnership Fund Takes over 100% Stake in Borjomi-Likani International

Partnership Fund of Georgia has taken over a 100% stake in Borjomi-Likani International. Partnership Fund and LLC Kazmunaigas-Service signed official document on commercial agreement at Borjomi Likani hotel. According to the official document, Partnership Fund was handed over 100% stake of LLC KMG-Service Georgia founded by Kazakh company KazmunaiGas – …

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Restoration of Old Sanatoriums in Tskaltubo Begins

Within the framework of the Tskaltubo resort development project, restoration of old sanatoriums begins. Executive director of “Partnership Fund” Davit Saganelidze said at “Imedi” that the preparatory works have already begun. According to Saganelidze,  refugees living in sanatoriums will be provided with other residences. The exact cost of the project …

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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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