Economy
Posted: 2 months ago

Meeting held on Construction and Infrastructure Projects Resulting in Acceleration of Economic Growth

Irakli Garibashvili, Prime Minister of Georgia held and led the regular meeting of the Economic Council today.

Council Members considered steps to be made in the nearest future for the acceleration of economic growth, which includes construction and infrastructure projects, export potential, tourism, food, and industrial stocks.

Particular attention was made to the contracting of additional lots within the scope of construction and infrastructure projects in the current year, which will result in a long-term procurement. The discussion was also related to specific projects that will be known in the nearest future.

The Head of Government of Georgia was briefed about the current situation with a focus on the recovery of tourism at the working meeting. As noted by Levan Davitashvili, Minister of Economy of Georgia, the current trend is promising. Namely, the recovery rate reached 70% in tourism in contrast with 2019 and actual indicators are closely following the projections.

It was also noted at the meeting that irrespective of the current situation witnessed in the region, the building of the food and industrial stock experiences no delays in the country. The discussion was also related to logistics, cargo traffic, and rising volumes of shipped goods, which require greater coordination.

Council Members considered steps to be made in the nearest future for the acceleration of economic growth, which includes construction and infrastructure projects, export potential, tourism, food, and industrial stocks.

Particular attention was made to the contracting of additional lots within the scope of construction and infrastructure projects in the current year, which will result in a long-term procurement. The discussion was also related to specific projects that will be known in the nearest future.

The Head of Government of Georgia was briefed about the current situation with a focus on the recovery of tourism at the working meeting. As noted by Levan Davitashvili, Minister of Economy of Georgia, the current trend is promising. Namely, the recovery rate reached 70% in tourism in contrast with 2019 and actual indicators are closely following the projections.

It was also noted at the meeting that irrespective of the current situation witnessed in the region, the building of the food and industrial stock experiences no delays in the country. The discussion was also related to logistics, cargo traffic, and rising volumes of shipped goods, which require greater coordination.