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Tag Archives: Partnership Fund

Natia Turnava: Nenskra HPP Project will Ensure Georgian Energy Security

Nenskra HPP project will make contribution to Georgia’s energy security, Natia Turnava, deputy head of Partnership Fund, told Business Course. Under the agreement with the investor, after 35 years the HPP will be returned to the population of Georgia, she said. “Nenskra HPP is of special importance for Georgian power …

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Park inn Radisson Construction Will Start in September

Park inn by Radisson construction will start from September instead of Hotel Tori. According to Block Invest director, Tornike Janashvili, documents need to be signed. ”Only formal part is remaining, although we won’s start dismantle, until everything closes. Partnership Fund is our partner in the project and members of the …

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Partnership Fund to Finance Green Projects

Partnership Fund to Finance Green Projects

Partnership Fund will intensify efforts in terms of financing green projects. Green Climate Fund plans to pass accreditation to actively participate in financing green projects. The Partnership Fund executive director and the director of KfW South Caucasus regional office discussed cooperation in green climate field at the meeting that was …

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Partnership Fund Offers EIB to Join GINO Green City Project

Partnership Fund Offers EIB to Join GINO Green City Project

The Partnership Fund of Georgia offers European Investment Bank (EIB) to join GINO Green City project. The Partnership Fund executive director and the EIB vice president discussed the project. At the same time meeting, the Georgian Party introduced the principles and key working components of Partnership Fund to the European …

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ADB to Join Clinics Development Process in Georgia

Asian Development Bank (ADB) plans to participate in clinics development process in Georgia. The issue was discussed at the meeting with ADB private and public partnership (PPP) office coordinator Joseph Lim. The parties discussed clinics development potential and existing situation in the country. We are ready to participate in this …

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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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