Economy

Batumi Bypass Road Construction Works Underway

The Road Department of Ministry of Regional Development and Infrastructure has been constructing a 14-km section of Batumi bypass road.

Negative Trade Balance Sees a 5 Year Low

CIS Countries Expand Exports Ratio in Georgia’s Foreign Trade Turnover amid Slowdown with EU Countries.

Another Large Hydroelectric Power Plant to be Built in Georgia

Georgia’s Ministry of Economy has completed negotiations on the construction of another giant hydroelectric power station Namakhvani HPP, Deputy Minister of Economy Natia Turnava says.

Giorgi Kobulia: Belarus is Ready To Strengthen Imports of Georgian Production

“Trade and economic relations between Georgia and the Republic of Belarus have been consistently developing over the last few years.

Business Delegation of Hong Kong Trade Development Council Arrived Tbilisi To Explore Cooperation Opportunities

A high-level business delegation of the Hong Kong Trade Development Council (HKTDC) is officially visiting Georgia.

Georgia and Tajikistan Signed Agreement on International Road Transport

Tajikistan is interested in the development of the trade and economic relations with Georgia and the development of the transport links in different directions are of utmost importance in this regard.

Salaries in Georgia’s Business Sector Rose by GEL 77

According to Sakstat, in the 4th quarter of 2018, the average salary in the business sector made GEL 1,318 per month, which is GEL 77 more than in the same period of 2017.

Georgian Grocery Store to Open in Belarus and Tractors to be Jointly Assembled in Georgia

Georgian grocery store will be opened in Belarus and tractors will be assembled at a joint venture that will operate in Georgia.

Growth of Construction Sector Dropped Last Year

The National Statistics Office published a report on Gross Domestic Product (GDP) of 2018. During the year 2018, the construction sector dropped 3.1%.