Poti FIZ: 3 Turkish Companies and 1 Japanese Bank Interested in the Investment Environment
The Turkish Foreign Economic Relations Board (DEIK) and the Poti Free Industrial Zone held a conference in Istanbul on the economic potential of the Poti FIZ.
ENKA Terminates Contract with Government of Georgia; Namakhvani HPP Project Suspended
ENKA Renewable company has terminated the contract with the Government of Georgia.
Japanese Energy Company TEPCO Implements First Investment Project in Georgia
Energy security and energy independence are very important aspects for Japan because the economy and human progress largely depend on energy resources, the Japanese Ambassador to Georgia Imamura Akira noted.
Georgia to Negotiate Free Trade Agreement with UAE
As the first country in the Region, Georgia will negotiate the free trade agreement with United Arab Emirates (UAE) without special studies,
Arab Investment Funds to Implement New Investment Projects in Georgia
Investment Funds of United Arab Emirates (UAE) plan to implement investment projects in Georgia.
SOCAR Loads First Tanker with Bitumen from Kulevi Oil Terminal
The State Oil Company of Azerbaijan (SOCAR) has loaded the first tanker with bitumen from its own oil terminal in Kulevi on Georgia’s Black Sea coastline.
Five Chinese Companies Bid for Building 575-Million-GEL Highway in Kakheti Region
The Road Department of the Ministry of Regional Development and Infrastructure has announced two tenders for building the Tbilisi-Sagarejo highway. The project comprises 3 lots and their total length is 35.2 kilometers.
Economy Minister: We Contracted Feasibility Studies of $277 million for Building 46 Energy Facilities
"We have contracted feasibility studies worth $277 million for building 46 hydropower plants, Georgian Economy Minister Natia Turnava noted when congratulating the Georgian energy sector professionals on the Energy Sector Day.
Government to Reform Partnership Fund into Development Fund of Georgia
The Partnership Fund will be transformed into the Development Fund of Georgia and the new organization will be financed from the state budget.