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Business/Economy

New Project of Anagi Development: ‘Villa Ambassadori’ to be Placed in Ambassadori Kachreti Territory

New Project of Anagi Development: ‘Villa Ambassadori’ to be Placed in Ambassadori Kachreti Territory TBC Bank has been a strategic partner of Anagi Construction Company since 2017 and this partnership continues in terms of development. Soon, the new project of ‘Anagi Development’ – Villa Ambassador, will be located on the territory of Ambassadori Kachreti, which …

International Recognition: 35th Anniversary of Ecocenter for Environmental Protection

International Recognition: 35th Anniversary of Ecocenter for Environmental Protection In order to raise environmental education in society and community-based organizations throughout the South Caucasus, the Hydraulic Engineering and Amelioration Scientific-Research Institute established a cooperative ‘Hydro Technician’ in January 1985, which was later transformed into public organization ‘Ecocenter for Flood Prevention,’ whose founders were academician Tsotne …

Use of Soviet Rubles at Georgia’s Bakuriani Cableway

Use of Soviet Rubles at Georgia’s Bakuriani Cableway Soviet-era Ruble coins are being given to visitors at Georgia’s Bakuriani cableway after they pay for cable car rides, a holidaymaker revealed on Facebook. Ana Marshania’s post went viral on Wednesday and as she says, many people contacted her who have found the same while holidaying in …

Economy Minister: Cancelation of Contract with Anaklia Consortium Logical

Economy Minister: Cancelation of Contract with Anaklia Consortium Logical “According to the conditions that led to the announcement of a tender and revealing the winning company, we should have had a new port by 2020. Unfortunately, this could not be achieved, which is the responsibility of the investor,” Natia Turnava, the Minister of Economy and …

Gov’t to Search for a New Investor for Anaklia Port

Gov’t to Search for a New Investor for Anaklia Port “The Georgian government is looking for a new investor for the construction of the Anaklia deep-sea port,” Maia Tskitishvili, Georgia’s Minister of Regional Development and Infrastructure, said at a news conference after the governmental session. The Minister emphasized that Georgia needs the deep-sea port by all …

Ministry of Infrastructure on Canceling Contract with Anaklia Consortium

Ministry of Infrastructure on Canceling Contract with Anaklia Consortium “With regard to the contract signed with the Anaklia Development Consortium, the Georgian government decided to launch procedures for canceling the investment contract signed between the Anaklia Development Consortium (ADC) and the Georgian government on 3 October 2016 on the construction, operation and transfer of a deep …

Gov’t Cancels Contract with Anaklia Development Consortium

Gov’t Cancels Contract with Anaklia Development Consortium The Government of Georgia has decided to cancel its contract with the Anaklia Development Consortium and to launch appropriate legal procedures. The issue was discussed at today’s governmental meeting and the decision was announced recently. The topic was the first issue on the agenda of today’s governmental meeting. The …

Giant Airport Development Projects To Be Under Spotlight At GIAS 2020

Giant Airport Development Projects To Be Under Spotlight At GIAS 2020 The massive airport development projects and infrastructure investments will come under spotlight at the second edition of the Global Investment in Aviation Summit (GIAS 2020), which is due to be held on January 27-29. As countries are keen on catering to the stupendous growth …

USAID/Georgia Launches the USAID Economic Governance Program

USAID/Georgia Launches the USAID Economic Governance Program USAID/Georgia last week launched the USAID Economic Governance Program, a five-year program to help Georgia design and implement transparent, evidence-based economic policies to improve its business and investment environment. Through the program, USAID will partner with the Government of Georgia, business associations, and civil society organizations to facilitate …

Global Investment In Aviation Summit 2020 To Highlight Top Aviation Trends

Global Investment In Aviation Summit 2020 To Highlight Top Aviation Trends The second edition of the Global Investment in Aviation Summit (GIAS 2020), which is stated to take place on January 27-29,  will highlight top aviation trends in 2020 and beyond, with a focus on the need to develop strategies that help pump more investments …

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