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Economic Press Monitor


January 21, 2010

IN THIS ISSUE:

1. QUESTIONS CONCERNED TO THE RAILWAY BY-PASS ROAD CONSTRUCTION
2. VIOLATIONS DURING VAZIANI-GOMBORI-TELAVI ROAD REHABILITATION
3. CITY HALL’S NEW OFFER FOR DEVELOPERS

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1. QUESTIONS CONCERNED TO THE RAILWAY BY-PASS ROAD CONSTRUCTION
Transport & Communications

Expert Niko Kakhetelidze and ex-minister of environment protection and natural resources Nino Chkhobadze have many questions concerned to Tbilisi by-pass railway construction.

According to Chkhobadze, a lot of estimations, necessary for implementation of such large project, are not done.

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2. VIOLATIONS DURING VAZIANI-GOMBORI-TELAVI ROAD REHABILITATION
Macroeconomics & Budget

Young Lawyers Association estimates that volume of financial resources, allotted for Vaziani-Gombori-Telavi motor-road rehabilitation, creates danger of corruption and ineffective use of the budget funds. In addition, construction service was purchased with breaching of law.

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3. CITY HALL’S NEW OFFER FOR DEVELOPERS
Construction

Tbilisi City Hall offers developers to hold negotiations within the second stage of the project “New Life to Old Tbilisi” not only with residents of damaged houses in old districts, but of so-called “krushchovka” (houses of low quality, massively built in 1960-es) as well. Developers did not decide on the subject yet.

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Exchange Rates (NBG)
  05/02/24 + / -
  USD   2.6797   0.0009
  EUR   2.8684   0.0101
  RUR   2.9172   0.0674
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