Economy

Georgian Rural Development Association Helps Develop Algeti National Park

With the support of the EU, a new ecotourism attraction – an adventure park – will be set up in Georgia’s Algeti National Park.

Georgia and Republic of Korea Signed Agreement on Economic Cooperation

Agreement between the Government of the Republic of Korea and the Government of Georgia on Economic Cooperation was signed.

State Budget to Spend 50 million GEL on Passenger Transportation by Railway

Parliament of Georgia plans to discuss a bill of amendments to Georgian Railway Code, under which passenger traffic will be funded from the state budget.

Anaklia City: We do not Consider Georgian Economic Zones as Competitors

In her interview with the Forbes Week with Giorgi Isakadze TV program, Keti Bochorishvili, executive director for Anaklia special economic zone, talked about advantages of Anaklia special economic zone.

Why Georgian Companies Lose Road Infrastructure Deals

The tendency over the past few years prove that Georgian road construction companies have been losing road infrastructure deals

International Donor Organizations Should Involve Georgian Companies in Major Infrastructure Projects

The Caucasus Business Week (CBW) has inquired why Georgian companies fail to win infrastructural projects and whether they genuinely have low qualifications.

Korea, Georgia Sign Pact on Economic Cooperation

South Korea and Georgia signed an accord on promoting bilateral economic partnerships in the run-up to talks on an investment agreement.

Georgia’s Energy Sector Watch – Summary of Changes

Electricity is a capital-intensive sector with reasonable profits. Georgia’s investorfriendly regulations, upgraded transmission networks and export opportunities have attracted substantial investment in recent years.

Geostat: FDI Inflows Shrank by 35% in 2018

According to preliminary information, the inflow of foreign direct investments (FDI) in 2018 made up 1 232.4 million USD, down 34.9% year on year.