Economy

EBRD and GCF to fund Renovation of Subway Cars by EUR 60 Million

EBRD reviewed the concept of Tbilisi Metro Project.

Georgian Rail Corridor Becomes Competitive for Shipment of Turkmen Petroleum Products

On February 11, 2020,  a meeting was held at the Tbilisi Marriot Hotel between the JSC Georgian Railways and the CIS Azerbaijan Railways.

Turkish Airline Atlasglobal Suspended All Flights due to Bankruptcy

On 12 February 2020, the Turkish carrier AtlasGlobal filed for bankruptcy and halted all flights, after a lot of uncertainty for a few months.

EBRD Allocated Additional Fund for Reconstruction of Enguri HPP

The European Bank for Reconstruction and Development (EBRD) is allocating €10 million for the reconstruction of Georgia’s Enguri Hydro Power Plant (HPP).

APM Terminals Restarts Procedures for Poti Deepwater Seaport Expansion

APM Terminals has restarted procedures to get licensed and launch the Poti Deepwater Seaport expansion project.

Georgia to host OECD Eurasia Week - Economies in Motion: From Strategy to Action

The next OECD Eurasia Week will be held on 17-19 March 2020 in Tbilisi, Georgia, co-hosted by the Government of Georgia and the Organisation for Economic Co-operation and Development.

Direct Flights might be Launched between Cairo and Tbilisi

Direct flights might be operated between Cairo and Tbilisi. The issue  was discussed at the meeting of the Ambassador of Georgia to Egypt and the Minister of Civil Aviation of the Arab Republic of Egypt Mohammed Manar Enabah.

Georgia Caries out First Major Exports of Educational Model to Kazakhstan

The Parties signed the memorandum on the mentioned cooperation in Nur Sultan on February 10.

Trammo to Invest 20 million USD in Building Batumi Seaport’s New Terminal

Archil Talakvadze, chairperson of the Parliament of Georgia has met with the executive director of New York based corporation Trammo and the managing board members.