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Tag Archives: Partnership Fund

Italian SACE to Take Active Steps on Georgian Finance Market

Italian SACE to Take Active Steps on Georgian Finance Market

Natia Turnava, deputy executive director of the Partnership Fund, has hosted representatives of SACE, the exports-crediting state agency of Italy offering financial and insurance services to private companies. At the meeting the parties discussed bilateral cooperation issues and outlined measures for promoting cooperation between Georgian and Italian private business sectors. …

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Chinese Company Shows Interest in Georgian Power Sector

Chinese Company Shows Interest in Georgian Power Sector

CHINA NUCLEAR INDUSTRY 23 CONSTRUCTION is interested in Georgian power sector and constructing wind power stations and developing renewable power production. The company representatives introduced their plans to the Partnership Fund executive director. The Chinese party submitted specific investment proposal and expressed readiness for joint projects based on the Foundation …

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Gazelle Finance Fund Starts to Invest in Georgia

Gazelle Finance Fund Starts to Invest in Georgia

JSC Partnership Fund will partner with the Canadian investment fund – the Gazelle Finance Fund. Gazelle Fund focuses on supporting small and medium-sized enterprises (SMEs) in Georgia, which have potential of fast development. According to the agreement, alternative source of financial resources will appear in Georgia, which should be guarantee of new …

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Major Investment Foundations to Enter Georgia

Today’s government meeting is discussing important agreements to be signed by the Partnership Fund, under which major investment foundations will enter Georgia. Prime Minister Giorgi Kvirikashvili explained that, for the first time, the Partnership Fund will invest in the international consortium, which will make focus on support of small and …

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Fitch Approves BB Prognosis for Partnership Fund

Fitch Ratings international rating agency has confirmed the Partnership Fund’s rating at BB-Stable level. The agency has published the Partnership Fund’s rating on September 8. According to the agency press release, the Fund’s long-term foreign currency rating is BB, while the long-term domestic currency rating is BB-; the short-term foreign …

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Construction of $700 million Eco Green City Has Started

Eco Green city

Gino Green City corporation together with Partnership Fund starts construction of Eco Gren City. Project The project implies construction of recreational facilities, hotels , shopping and residential buildings at Tbilisi Sea area. Gino Green City  is one of the large-scale projects on the Tbilisi Sea coast, with the surrounding area of …

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Partnership Fund to Ban Funding of the Offshore Registered Entities

Partnership Fund to Ban Funding of the Offshore Registered Entities

“Transparency International – Georgia” publishes the recommendations for the “Partnership Fund” and writes that it is necessary to be given a detailed information concerning about all the projects. “Transparency International – Georgia” believes that: It is necessary, on the web site of the “Partnership Fund” to be given a detailed information …

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Various Facilities to be Built by the Partnership Fund in Tetnuldi

Various Facilities to be Built by the Partnership Fund in Tetnuldi

The development of the Tetnuldi resort is entering a new phase, which includes the construction of essential infrastructure. Prime Minister Giorgi Kvirikashvili has made a statement to this end during a government meeting. According to the Prime Minister, works on the construction of the Kutaisi-Tetnuldi road link and the rehabilitation …

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IPO of Partnership Fund Discussed at Hong Kong Stock Exchange

Partnership Fund has considered rehabilitation project of tea plantations in Georgia with company “Oriental Patron Financial Group” at Chinese-Georgian business forum held in Shanghai for the first time.  Moreover, they have also agreed with China National Technical Import & Export corporation to start glass manufacturing in Georgia. However, a meeting …

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