The Asian Development Bank (ADB) has approved a $415 million loan to Georgia to build a new highway.
EU has launched a new project to strengthen efforts that the National Bank of Georgia will take in the fields of banking and payment services.
Georgian Airways will engage in implementing Air Silk Road development project. At this stage, we are exploring the project jointly with the Chinese party.
A foreign investor has expressed interest to launch international flights from Mimino airport, Sergo Tepnadze, principal of Aviation University told BM.Ge
GR’s revenue in 2018 decreased 3.3% y/y to US$ 167.5mn. Significant reduction in freight transportation and logistics service revenues dragged the positive trends in other revenue streams.
Deputy Economy Minister Nikoloz Alavidze noted that the current macroeconomic parameters give no grounds for alarm.
The globalization era has boosted production at unbelievable paces.
The proceeds of the loan to Georgia for the benefit of secondary cities, which might include Kutaisi, Gori, Telavi, Zugdidi, Rustavi and Poti, will finance approximately 100 units of modern diesel (Euro 5) buses.