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Tag Archives: Partnership Fund

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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Aircraft Manufacturing Enterprise to Launch in 2018

The Partnership Fund along with Israeli Company ”Elbit Sysyems- Cyclone” established construction of a Civilian Aircraft Manufacturing Enterprise, in September 2015. According to Partnership Fund, construction is underway at this stage, which will be completed in the first quarter of 2018. Next stage is to equip the enterprise technically and …

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OPIC to Finance Tsinandali Radisson with 10 mln

OPIC to Finance Tsinandali Radisson with 10 mln

Financing of Tsinandali Radisson project and Gazelle, as well as promotion of wine export in the USA – are topics discussed by the Partnership Fund management with the OPIC (The Overseas Private Investment Corporation). The parties discussed financing a five-star hotel “Radisson” in Tsinandali by the Overseas Private Investment Corporation US …

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NenskraHES Project will Continue at an Accelerated Pace

The Partnership Fund discussed construction of Nenskra Hydroelectric Power Plant at the meeting held between the Executive Director of the Fund and delegation of South Korean K-Water. Von Cheol Park, Vice-President of K-Water, Hiang Chin Kain, General Manager of Business Department and General Manager of Nenskra Hydro Business Division are …

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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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