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Tag Archives: Partnership Fund

The Partnership Fund to Complete the Construction of Hotel “Radisson Tsinandali” by the End of the Year

Kenneth Angell, Managing Director of the United States Government Development Financing Institute OPIC is visiting the Partnership Fund.

Kenneth Angell, Managing Director of the United States Government Development Financing Institute Overseas Private Investment Corporation (OPIC) is visiting the Partnership Fund. David Saganelidze, Executive Director of the Fund has discussed ongoing joint projects and long-term future cooperation issues with Kenneth Angell. The sides discussed the project “Radisson Tsinandali”, which is implemented …

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IMF: Partnership Fund is one of the Sources of Fiscal Risks

IMF: Partnership Fund is one of the Sources of Fiscal Risks

International Monetary Fund (IMF) names fiscal risks reasons. Francois Painchaud, resident representative of IMF in Georgia, noted that the so-called PPP projects may inspire a growth in fiscal risks. IMF also considers Partnership Fund of Georgia to be one of the inspiration factors for fiscal risks. “State debts started growing since …

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Sinosure to Insure Businesses of Chinese Partner Companies of the Partnership Fund

Sinosure to Insure Businesses of Chinese Partner Companies of the Partnership Fund

The Partnership Fund begins to cooperate with the largest Chinese state owned enterprise Export & Credit Insurance Corporation “Sinosure”. David Saganelidze and the Chinese company’s top management discussed future cooperation issues. The Chinese corporation will give recommendations to the Partnership Fund in the establishment of the export agency. Agreement will be signed for …

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National Fund of Revival of Georgia Established in Beijing

Partnership Fund of Georgia and  CEFC, one of the major companies of People’s Republic of China, have signed an agreement on establishment  of a joint fund. Official signing ceremony was held in Beijing on May 14-15 as part of One Belt, One Road for International Cooperation Forum. Under the agreement, …

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Israeli Companies to Spend 50 million USD on Arranging Fish Farms in Georgia

Partnership Fund of Georgia has signed an understanding memorandum with two Israeli companies –  Aquamaof Aquaculture Technologies and  JVS I.G. Capital Investment. The memorandum calls for arranging fish farms in Georgia and equipping them by new technologies, where several varieties of fish will be produced for both domestic and foreign …

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Partnership Fund to Invest 5.4 million USD in Lopota

Partnership Fund will implement a 5.4 million USD project. The Fund has signed a due agreement with LLC Lopota Investment. The agreement calls for expanding Lopota hotel complex. The signing ceremony was attended by Georgian Prime Minister Giorgi Kvirikashvili. The hotel complex will be added 85 new suites, administrative building, …

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Aric Group Constructs Vinichio Valley Green Tourist Center in Sagarejo

Partnership Fund and Aric Group signed a common memorandum. Aric Group is an investment company created with foreign capital which implements projects in the field of agriculture, food industry and tourism. According to memorandum, the companies want to develop a common business, Vinichio Valley. They want to produce wine and …

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