Economy

SpaceX to Integrate Georgia into Satellite Internetization Project

Deputy Economy Minister of Georgia Irakli Nadareishvili, GITA Chairman Avtandil Kasradze, and Enterprise Georgia director Mikheil Khidureli have visited the USA.

New Modern Cattle-Breeding Farm Opens in Dedoplistskaro

A new cattle-breeding farm has opened in Dedoplistskaro Municipality. Young farmer Zurab Masurashvili invested GEL 2.5 million in building the new farm with cutting-edge technologies.

Azerbaijani Airline to Perform Cargo Flights from USA to Georgia

Silk Way West Airlines will perform cargo flights in the Chicago-Tbilisi-Baku direction, the Ministry of Economy of Georgia reports.

Government Announces New Auction of State-owned Companies with 25-50% Discounts

The Ministry of Economy and Sustainable Development of Georgia continues the accelerated privatization of state-owned companies. Now, the Government has announced the 4th auction as part of the 100 Investment Offers to the Business state program.

Tbilisi Airport Restores Flights by 76% and Kutaisi Airport Regains 80% of Flights

Tbilisi and Kutaisi International Airport have regained the greater part of the pre-pandemic flights, the Civil Aviation Agency reports.

Economy Minister Announces 5-Year USAID Program to Ensure Georgia’s Energy Independence

USAID and the Government of Georgia held an official inauguration of the Securing Georgia’s Energy Future Program.

Turkish Airlines Regains Leading Position on Georgia Air Market

Turkish Airlines has regained a leading position on the Georgian air market. In January-June Turkish Airlines’ passenger turnover rose by 2% year on year and by 4% compared to the same period of 2019.

Pfizer Company Obtains Most of Innovation Patents in Georgia

Pfizer pharmaceutical company has obtained the most of innovation patents in Georgia, Geostat, the National Statistics Service of Georgia, reports.

USAID to Launch Georgia’s Energy Future Securing Program Worth $15.7 Million

Securing Georgia’s Energy Future Program (SGEFP) will help the country diversify its energy resources.