Economy

United Airports of Georgia Issues Duty Free and F&B Tenders for Kutaisi Airport

United Airports of Georgia is to issue a tender for two airside duty free spaces at Kutaisi International Airport next month.

BTU Launching Projects with Green Partners in the Country to Support Green Technologies

In September 2019, a renewable energy laboratory was established at BTU, on the basis of which four studies were conducted.

Rehabilitation of Enguri HPP to Start January 15-20 - Georgia's Largest HPP Stops

Enguri HPP is the largest producer of electricity in Georgia and its output is about 30% of the total generation.

Georgia Partly Suspends Regular Air Service Until 2021

The Georgian Aviation Authority has made another correction in the existing active NOTAM, according to which Georgia will  partly suspend  regular air service  until January 1, 2021.

Kutaisi Gets New Buses of Modern Standards

 MDF of MRDI has delivered 10 buses of EURO 5 Standards to Kutaisi City. These buses are out of 175 ones, designated to be handed over to 6 cities within Municipal Transport Development Program.

Sinohydro’s Georgian Business – Contractor of Infrastructural Projects Earn 121 Million

Incomes of Sinohydro, the Chinese contractor of infrastructural projects in Georgia, exceeded GEL 121 million in 2019. The annual growth marked 39.3%.

Annual Decline of the Georgian Aviation Market is 77%

The annual decline of the Georgian aviation market is 77%. Eurocontrol compared the data of November 18 of the current year with the period of the previous year.

Local Export in Georgia Growing to Reach Historic High

Despite the pandemic and global recession, the successful recovery of Georgia's economy continues, with local export growing to reach a historic high in January-October of 2020.

Georgian Government Approves FDI Grant Program

On November 19, the Government of Georgia has approved the state program to support foreign investment projects.