Economy

Anaklia Port Development Agency to Spend ₾1 Million on Simplified Procurement this Year

Anaklia Deepwater Port Development Agency will spend GEL 1 million on simplified procurement this year. The agency has already received consent.

₾ 6.5 Million Allocated for the Rehabilitation of Melikishvili Avenue

Tbilisi City Hall has announced a tender for the rehabilitation of the area in front of the Melikishvili Avenue and Tbilisi Concert Hall.

Inflation Rose to 14% in Month of December

2021 ended at double-digit inflation.

Hualing FIZ to Expand by 34 Acres This Year

In the second half of 2022, the Hualing Free Industrial Zone in Kutaisi will be expanded by another 34 hectares.

2021 for Kutaisi FIZ: Problems in Logistics and Expensive Transportation

Soso Nibladze, head of the Kutaisi Free Industrial Zone of Hualing, summed up 2021 and said that it was quite a difficult year due to the problems caused by the pandemic.

Skytrax Awarded Tbilisi Airport 5 Stars in the Covid-19 Safety Rating

Skytrax, the most influential aviation consulting company, awarded Tbilisi International Airport a 5-star rating in the COVID-19 safety rating.

EBRD Regional Director Sees Investment Prospects in Energy Field

The European Bank for Reconstruction and Development (EBRD) has presented a strategy for 2021-2026, which focuses on competitiveness, inclusiveness, regional and green development.

Trade Turnover Between Georgia and Japan is $ 188 Million - Everything we Import and Export

The Minister of Economy Natia Turnava expressed interest in starting negotiations on a free trade agreement between Georgia and Japan during an online meeting with Japanese Deputy Foreign Minister Taro Honda a few days ago.

Adjaristsqali Georgia has New Directors of the Supervisory Board

Asbjorn Grundt and Tron Engbretsen have been nominated as directors of the Supervisory Board of Adjaristsqali Georgia, the owner of Shuakhevi HPP.