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Tag Archives: Ramaz Bolkvadze

Investment Projects List to be Implemented in Ajara in 2018-2021

Ministry of Finance and Economy of Ajara will implement new programs in order to strengthen investment process in Ajara. Promotion of attracting investments in the region will be financed by 2 165 600 GEL in 2018-2021. Ministry of Finance and Economy of Ajara informs: Investment current projects  in New Boulevard …

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Construction of 200 million GEL Hotel Started in Kobuleti

A project for building a 200mln GEL hotel will be implemented in Kobuleti, Ajara Region. According to Government of Ajara, Ajara Government chairman Zurab Pataradze, Minister of Finances and Economy of Ajara Ramaz Bolkvadze and Crystal Building company executive director Vano Lomidze put a capsule into the foundation of the …

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GINO Paradise to Launch Electric Taxi Business in Tbilisi

GINO Paradise company plans to launch electric taxi business in Tbilisi. The company director general Ramaz Bolkvadze told the Business Contract that electric taxis will appear in Tbilisi in spring 2017. Initially, the company will convey 10 electric taxis, but the quantity will rise to 50 ones by 2018, he …

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Five Star Hotel to Open in “Cube Tower” in Early 2018

Five Star Hotel to Open in “Cube Tower” in Early 2018

The “Cube Tower,” which shall house the five-star Swiss Belhotel International, is to begin operating in February 2018 – one month later than originally planned. The government of Ajara has agreed to extend the deadline for the investor company “ADOG-GEORGIA” to fulfil its liabilities. ADOG-GEORGIA’s fines have been written off under …

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Investment Inflows to Ajara Grew by 26% in 1H16

Investment Inflows to Ajara Grew by 26% in 1H16

Investment inflows to Ajara have increased by 26% in the first quarter of 2016, as compared to the same period of 2015, Ramaz Bolkvadze, Minister of Finances and Economy of Ajara, noted. “Private investment inflows in January to June 2016 made up 208.1 million USD, including 154.2 million USD foreign …

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