Daily News

IN THIS ISSUE:

Administration of Georgian government reported that Georgia’s Prime Minister Giorgi Kvirikashvili holds meetings with heads of the companies, which take part in the World Economic Forum in Davos.

Particularly, the Premier has met with Robert Dudley, executive director of BP, and discussed issues, related to Baku-Tbilisi-Ceyhan oil pipeline and expansion of South Caucasus gas pipeline project.

Ministry of Economy and Sustainable Development reported that within the World Economic Forum in Davos, the Minister Giorgi Gakharia has met with the Qatari Minister of Economy and Commerce. The considerations scoped attraction of Qatari investments to Georgia, Georgian Ministry said.

“I hope, we will be able to invest 300 million EUR in Georgia this year”, declared Suma Chakrabarti, president of EBRD.

In 2016, EBRD has invested about 250 million EUR in the country.

European and Georgian Domestic Advisory Groups (DAG) concluded that “Georgia should strengthen labor inspection, equip it with preventive, as well as reaction mechanisms and grant unlimited admission to employment places”.

The mentioned was reported by Georgia’s Human Rights Education and Monitoring Center (EMC), which took part in the second meeting of DAG, held in Brussel on November 30, 2016.

Ministry of Environmental and Natural Resources Protection declared that new regulations for sawmills will enter in force in February.

Sawmill enterprises’ system of online management of accounting/processing processes upon receiving of round timber (log) has been expanded by two new modules, on product and wastes, the Ministry said.

Tbilisi City Hall offers exemption from parking fee to owners of electric cars, who should apply to the City Transport Service in case of desire. If the application is approved, the Service will send respective data to CT Park (private operator of parking system in Tbilisi).

Georgian National Energy and Water Supply Regulatory Commission declared that electricity generation license was issued to JSC EnergoPro Georgia Generation. In parallel, similar license was cancelled to EnergoPro Georgia, the Commission said.

Georgian Stock Exchange reported that total cost of stock-exchange deals in the 4^th quarter of past year has amounted to 1.39 million lari. If compared with the same period of 2015, the volume has increased by 43.7%.

Georgian Stock Exchange reported that total volume of OTC transactions in the 4^th quarter of past year has amounted to 13.52 million lari. This volume exceeds 9.7 times total cost of stock-exchange deals for the period.

Tbilisi City Hall reported about completion of the third media library’s construction in Tbilisi Veterans’ Recreation and Culture Park (Nadzaladevi district). For that end, the city budget allocated up to 2.09 million lari, the City Hall said.