EBRD Regional Director: Besides Wind and Solar Power Stations, Georgia Should Also Develop Hydro Power Plants
Georgia uses only 20% of its hydropower potential, Catarina Bjorlin Hansen, regional director of the European Bank for Reconstruction and Development (EBRD) for the Caucasus noted.
Georgian Company Established First Commercial Avocado Farm
The Georgian Geonuts Company has established the first avocado farm on six hectares in Lanchkhuti municipality, Guria.
Batumi’s New Multimodal Terminal Starts Cargo Services
Batumi’s new multimodal terminal has started serving cargoes.
State to Spend $3 Million at the First Stage on Establishing National Drug Quality Lab
It takes at least $ 3 million to set up a drug quality lab. The Deputy Minister of Health Tamar Gabunia stated about it.
Sebastian Molineus on World Bank's EUR85 Million Project to Georgia
The World Bank continues to intervene in the Georgian economy. The International Finance Institute has provided € 85 million in financial assistance to the country to create jobs and support companies affected by the pandemic.
World Bank Pledges EUR 85 Million to Support Job Creation and Firms Affected by the Pandemic in Georgia
Micro, small and medium sized enterprises in Georgia impacted by the COVID-19 pandemic are to benefit from EUR 85 million in financing support, approved today by the World Bank’s Board of Executive Directors.
AYFB: Economy Ministry Should Release Official Statement on Enguri HPP Electricity Distribution to Secessionist Abkhazia
Association of Young Financiers and Businessmen (AYFB) urges the Economy Ministry of Georgia to release an official statement on how Enguri HPP electricity will be distributed to Russia-occupied Abkhazia after Enguri HHP rehabilitation.
Economy Minister: Over 1,000 Companies with German Capital Run in Georgia; Resources are Broader
As part of the Georgian-German Business Dialogue online meeting, Georgian Economy Minister Natia Turnava discussed prospects for deepening Georgia-Germany economic relations.