Economy

Minister of Economy: We Plan to Attract about 200 million FDI to Mines Sector in 2019

“Mines sector is one of the key segments of our economy in terms of employment and attracting investments and promoting exports”, Minister of Economy Giorgi Kobulia noted at his meeting with the sector representatives.

March Records 12.3% Upturn in Exports and 104 million USD Contraction in Imports

Exports in March 2019 made up 321 million USD, up 12.3% year on year.

Price of Carrot and Potato Rise by 12% in Georgia

Potato and carrot prices have increased in many countries of the region, the market report by East Fruit reads.

Eighteen Wind Power Plant Projects Submitted to Ministry of Economy

Government of Georgia has signed 18 wind power plant construction projects with various investors, the statement released by Ministry of Economy and Sustainable Development of Georgia reads.

Role of Fisheries in Economic Development Discussed at Conference in Batumi

Representatives of the fishing industry gathered in the Georgian capital of Batumi for a conference entitled “Fisheries for the Economic Development of the Country”.

Money Transfers to Georgia Constituted 138 million USD in March

Money transfers to Georgia in March 2019 made up 138.4 million USD (371.4 million GEL), up 4.5% (+5.9 million USD), as compared to the same period of 2018.

Number of Companies Exporting to EU Increased by 37%

Deputy Minister of Economy and Sustainable Development, Genadi Arveladze introduced the report on the Implementation of the National Action Plan 2018.

Georgian Railway Handled Record Volume of Containers in 1Q19

Georgian Railway transported 18 000 containers in the first quarter of 2019 and this is a record volume, up 31% compared to the first quarter of 2018.