Georgia: Construction Cost Index down in Q1 2021

The Construction Cost Index (CCI) decreased by 1.6% in the first quarter of 2021 compared to the previous quarter, the National Statistics Office of Georgia (Geostat) reported. The change was mainly due to a 19.7% decrease in average monthly nominal wages of employees in the construction sector, which contributed -6.05% to the total index change.…

Ukraine: UNIDO to open Investment and Technology Promotion Office

The United Nations Industrial Development Organization (UNIDO) will establish an Investment and Technology Promotion Office in Ukraine, the press service of the Ministry for Strategic Industries of Ukraine has reported. “The Ministry for Strategic Industries has been selected as the main central executive body responsible for fulfilling the obligations arising from Ukraine’s membership in the…