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Daily News


July 4, 2014

IN THIS ISSUE:

1. GEORGIA TO HOST AVIATION FORUM “ROUTES SILK ROAD 2014”
2. THE GOVERNMENT: CONSTRUCTION OF “WATER-PROCESSING PLANTS” TO BE IMPLEMENTED THROUGH “PRODUCE IN GEORGIA” STATE PROGRAM
3. 5-YEAR PLAN ON EUROPEAN CODES’ INTRODUCTION IN CONSTRUCTION IS PREPARED
4. TBILISI MAYORSHIP NOMINEE OF “GEORGIAN DREAM” PROMISES PROGRAM OF 100M LARI FOR SME ASSISTANCE
5. REALTY INVENTORY COMPLETED IN 5 CITIES
6. AYEPG: 97% OF RURAL POPULATION AND 27% OF URBAN ONE USE TIMBER FOR HEATING
7. CONSTRUCTION OF ZESTAPONI-KUTAISI GAS MAIN COMPLETED BY 68%
8. SUBSIDIARY LLC “GARDABANI” OF “GEORGIAN OIL AND GAS CORPORATION” HAD LOSS IN 2013
9. FISH PROCESSING COMPLEX TO BE BUILT IN KHOBI MUNICIPALITY
10. “TTC” GOT FUNDS, ENVISAGED BY LAST YEAR’S TBILISI BUDGET, ALMOST FULLY
11. PROCUREMENTS OF “TTC” TOTALED TO 16M LARI IN 2013
12. MODERNIZATION OF SUBWAY’S RUNNING STOCK TO COMPLETE THIS YEAR

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1. GEORGIA TO HOST AVIATION FORUM “ROUTES SILK ROAD 2014”
Economics

International aviation forum “Routes Silk Road 2014” will be held in Tbilisi on July 6-8. According to Economy and Sustainable Development Ministry, the event will gather about 300 participants, including representatives of about 50 air companies and 60 airports.

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2. THE GOVERNMENT: CONSTRUCTION OF “WATER-PROCESSING PLANTS” TO BE IMPLEMENTED THROUGH “PRODUCE IN GEORGIA” STATE PROGRAM
Economics

Prime Minister Irakli Garibashvili ordered to expand the state program “Produce in Georgia” with new direction, which targets support to construction of “water-processing plants”.

As press-service of the Premier said, the decision was made at the meeting of coordinating council on drinking water industry’s development, which held today under chairmanship of Garibashvili.

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3. 5-YEAR PLAN ON EUROPEAN CODES’ INTRODUCTION IN CONSTRUCTION IS PREPARED
Economics

Economy and Sustainable Development Ministry held today a presentation of 5-year plan on introduction of European codes in construction industry. The presentation was attended by representatives of construction companies, professional associations, as well as public institutions.

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4. TBILISI MAYORSHIP NOMINEE OF “GEORGIAN DREAM” PROMISES PROGRAM OF 100M LARI FOR SME ASSISTANCE
Politics

Tbilisi mayorship nominee of ruling Georgian Dream coalition David Narmania declared that assistance program for small and medium business will start “in order to increase maximally economic potential of Tbilisi in shortest terms”. He promised to spend 100 million lari for that end, which will be equally distributed among all 10 districts of the capital.

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5. REALTY INVENTORY COMPLETED IN 5 CITIES
Economics

Public Registry Agency declared that realty inventory, conducted within addressing project, has completed in 5 cities. Namely, inventory of 20,565 realties was conducted in Poti, of 11,938 ones – in Samtredia, of 10,382 – in Senaki, of 10,140 – in Zestaponi and of 3,444 – in Lanchkhuti.

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6. AYEPG: 97% OF RURAL POPULATION AND 27% OF URBAN ONE USE TIMBER FOR HEATING
Society

Association of Young Power Engineers of Georgia (AYPEG) declared that 97% of rural population and 27% of urban one use timber of household heating.

Our survey showed also that timber use is extremely ineffective and woodcutting exceeds level of forest renovation, the Association said.

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7. CONSTRUCTION OF ZESTAPONI-KUTAISI GAS MAIN COMPLETED BY 68%
Economics

Georgian Oil and Gas Corporation declared that construction of Zestaponi-Kutaisi 23-km section of 700-mm gas main is completed by 68%.

Construction, launched in spring, is expected to come to end in October.

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8. SUBSIDIARY LLC “GARDABANI” OF “GEORGIAN OIL AND GAS CORPORATION” HAD LOSS IN 2013
Business

State-owned JSC Georgian Oil and Gas Corporation reported that its subsidiary company LLC Gardabani completed 2013 with loss of 1.09 million lari.

Gardabani was established in October 2013 by the Corporation (51%) and Partnership Fund (49%).

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9. FISH PROCESSING COMPLEX TO BE BUILT IN KHOBI MUNICIPALITY
Business

Following order of the Prime Minister, state-owned land plot with constructions in village Kulevi of Khobi municipality (Samegrelo region) will be directly sold to LLC Georgian Fish Company So&Co.

The matter concerns land plot with area of 147,048 square m and 8 buildings with total area of 3,541 square m.

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10. “TTC” GOT FUNDS, ENVISAGED BY LAST YEAR’S TBILISI BUDGET, ALMOST FULLY
Business

Tbilisi municipal transport company TTC (Tbilisi Transport Company) reported that Tbilisi city budget for 2013 envisaged 51.8 million lari for the company. Out of this sum, TTC get in fact 51.78 million lari, i.e. by only 0.03% less the plan.

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11. PROCUREMENTS OF “TTC” TOTALED TO 16M LARI IN 2013
Business

Tbilisi municipal transport company TTC (Tbilisi Transport Company) reported that it announced 496 auctions in 2013, increasing that number by 38.1% year-on-year.

Total cost of procurements amounted to 16 million lari.

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12. MODERNIZATION OF SUBWAY’S RUNNING STOCK TO COMPLETE THIS YEAR
Business

Tbilisi municipal transport company TTC (Tbilisi Transport Company) reported that modernization of 14 cars of subway trains was implemented in 2013. In total, renovation applied to 131 cars, i.e. to 85% of operational running stock.

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