Economy

Addressing Gaps: Insights into Georgia's Insolvency Law Two Years Post-Implementation

Two years following the enactment of Georgia's Insolvency Law, conceptual inadequacies within the legislation have surfaced

Georgia Explores Major Aviation Overhaul with Prospective Tbilisi International Airport

In a forward-thinking move that speaks volumes about Georgia's growth plans, the Vice Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili, has revealed an ambitious blueprint for a new international airport in Tbilisi.

Impending Announcement for the Acquisition of New Carriages for the Tbilisi Metro

Tbilisi Mayor Kakha Kaladze has stated that the previously declared tender for the acquisition of carriages for the Tbilisi Metro

Tamar Buadze: 'Law on Rehabilitation and Collective Satisfaction of Creditors' Paves the Way for European Integration"

Tamar Buadze, the head of the Economic Reforms component of the USAID Economic Governance Program, has stated that the initiation of insolvency reform in Georgia has led to a significant increase.

State Electricity System Launches 89 Million GEL Tender for a New Substation in Svaneti

The State Electricity System has unveiled an 89 million GEL tender for the construction of a high-voltage substation in the village of Idliani, located in the Mestia Municipality.

Georgian Railways Procures 200 Freight Wagons for 36 Million GEL

Georgian Railways recently announced a tender valued at 35.6 million GEL for the procurement of 200 freight wagons. The tender specifies that the wagons, along with their components, should be manufactured in 2023.

Georgian Tourism Sector Welcomes Reforms, Envisions Safer and More Structured Operations

The Georgian tourism industry welcomes the impending reforms in the field, expressing optimism that these changes will lead to safer and more organized operations.

Georgian Airways Launches Regular Tbilisi-Moscow Flights

Georgian Airways has announced the commencement of regular operations in theTbilisi-Moscow-Tbilisi direction.

Georgia Set to Adopt "Electronic Commerce" Law in Spring Session, Facilitating Economic Reforms

Nino Chokheli, the deputy head of the USAID Economic Governance Program, recently participated in an interview on the radio program Business Partner