Economy

Azerbaijan Investing $1.4 Billion in Agricultural Parks

According to the Ministry of Economy of Azerbaijan, Azerbaijan has invested 2.4 billion manats ($ 1.4 billion) in the development of agricultural parks.

Kutaisi Airport to Connect with Kopitnari Railway Station From Fall

Kutaisi Airport will be connected to Kopitnari Railway in autumn 2021. The railway station construction works will end soon and the station will serve passengers, the Ministry of Economy reports.

Private Owners to Implement Eliava Market Development Project

Private owners will implement the Eliava Market development projects, Tbilisi Mayor Kakha Kaladze noted at the August 26 Tbilisi Government meeting.

Georgian Railway’s Incomes Grow, Losses Halve

Georgian Railway’s incomes have grown and losses have halved. The company’s management has published the 1H21 financial indicators.

Georgia’s Peach and Nectarine Exports Hit $26.1 Million

Starting May 1, 2021, Georgia has exported 28,700 tons of peach and nectarine worth $26.1million, the Georgian Agriculture Ministry’s press release reads.

Adjaristsqali Georgia Considers Future Cooperation with Batumi Botanic Garden

AGL CEO Rakesh Naik and Head of CSR Nino Diasamidze held a meeting with the Director of Batumi Botanic Garden Irakli Archaia and discussed possible future cooperation opportunities.

SCAT Airlines to Operate Aktobe-Tbilisi-Aktobe Flights

Kazakh Airline SCAT Airlines will fulfill flights to new directions. Namely, the airline will perform Aktobe-Tbilisi-Aktobe flights.

Unemployment Rate Increased in Georgia, Reaching 22.1%

Unemployment rate has risen in Georgia. According to the data of the second quarter of 2021, it reaches 22.1%, which is an increase of 3.8 percentage points compared to the corresponding period of the previous year.

Georgia’s Sheep Exports See Record High; Exports Markets

In January-July 2021 Georgia exported a record number of goats and sheep. The exports have increased by annual 500% compared to January-July 2020.