Current and planned reforms in Georgia and the importance of the financial support of the European Investment Bank were discussed on October 12 in a meeting between the Georgian prime minister Irakli Garibashvili and Maciej Czura, the head of the EIB regional representation for the South Caucasus. The meeting underlined the importance of the financial…
Pegasus Airlines, a Turkiye-based budget airline, is set to launch flights between the Turkish capital of Ankara to the Georgian capital of Tbilisi from November 2, the Georgian economy minister has announced. The news was announced after a meeting held between the deputy economy minister Mariam Kvrivishvili and representatives from Pegasus Airlines and Turkish Airlines…
Up to GEL 3 billion ($1.08 billion) will be invested in infrastructure development across Georgia next year with the construction of highways remaining a priority, infrastructure minister Irakli Karseladze has said, while discussing the next year’s state budget. “This is a historical maximum”, said Karseladze of the amount of money allocated for his office in…
United Airports of Georgia has started a GEL 8-million (about $2.8 million) renovation that will add a new runway at the Kutaisi international airport. In the two-week work, the new three-kilometre runway will be added to ensure the airport’s ability to receive larger aircraft and “make operations more flexible”, the organisation’s head of infrastructure development…
The Georgian government on October 10 held a meeting led by prime minister Irakli Garibashvili to discuss a range of topics, including approval of the 2022-2028 strategy for the development of the capital market of Georgia and the related action plan. The government administration said the strategy would contribute to the “uniformity of the country’s…
Georgian economy minister Levan Davitashvili on October 6 said Georgia was expected to have a higher economic growth this year compared to estimations made by international financial institutions at the start of the crisis stemming from the war in Ukraine. Addressing the parliament, the official stressed the increase was expected based on the main trends…
A 1,750 metre-long zipline, the longest dual structure of the type in Europe, will be built in western Georgia’s Adjara region, with the regional tourism department revealing the news on October 5. Set to be constructed on Chikhuri mountain in the highland areas of the Black Sea coastline region’s Shuakhevi municipality, the zipline will be…