Economy

US Deputy Secretary of State: Five Benefits that Georgia will Get from Clean Network Lines Membership

The US Deputy Secretary of US Keith Krach explains that by signing the memorandum on Security of 5G Networks Georgia will receive 5 major benefits.

Enguri HPP to Close on January 20 and Open in late April

Starting January 20, Enguri HPP will be closed for rehabilitating the derivation tunnel.

Georgian Airways Plans to Develop Cargo Direction

Georgian Airways plans to develop a cargo direction. As Roman Bokeria, CEO of the airline, explained to Business Partner, Airzena is already in talks with creditors and wants to introduce full cargo aircraft.

Restrictions Extended Till February 1 in Georgia

The opening of the economy has been delayed, point restrictions, as the government calls it, have been extended until 1 February.

MDF: Abastumani will Meet Summer 2022 as Fully Rehabilitated Modern Resort

The second phase of urban rehabilitation of Abastumani resort is underway. The Municipal Development Fund (MFD) has already announced a tender worth GEL 51 million.

High-Technology Tunnel Boring Machine to Build 9-km Kvesheti-Kobi Tunnel

The Tunnel Boring Machine (TBM) for building the 9-km tunnel of the Kvesheti-Kobi highway has been already conveyed to Georgia.

G&T: Inflation Rate in Georgia will Reach 4.5% in 2021

Investment bank Galt And Taggart has released its 2021 inflation forecast.

Georgia to Run with Top 25 Bilberry Exporter Countries in 2021

Georgia is expected to export over 5,000 tons of bilberries by 2023, EastFruit analysts forecast.

Georgia to Receive Extra 1.0143 Billion C3 Natural Gas from Azerbaijan

Georgia will receive additional 1.014 billion cubic meters of natural gas in exchange for transit of Azerbaijani gas to Europe. The mentioned component has been included in the 2021 natural gas balance.