“GWP”: CONSTRUCTION OF “SAGURAMOHES” FINISHED
(Daily News: September 26, 2016)
Georgian Water&Power (GWP, Tbilisi company of water supply and sewerage) declared that construction of SaguramoHES in Saguramo village (Mtskheta municipality of Mtskheta-Mtianeti region) is completed and the hydroelectric station was connected on September 25 to common energy system of the country.
Construction was started in December 2015, the works were supervised by Swiss company Stucky SA, GWP said.
THE GOVERNMENT: CO-INVESTMENT FUND TO BUILD 5-STAR HOTEL IN GANMUKHURI
(Daily News: September 26, 2016)
Georgian government announces that Co-Investment Fund will build 5-star, 190-room hotel with cost of $60 million in Ganmukhuri (Samegrelo region). The hotel will be located on 35,000 square m at Ganmukhuri coast.
AJARA GOVERNMENT: WORKS COMPLETED ON REGULATION PLAN OF GODERDZI RESORT DEVELOPMENT
(Daily News: September 26, 2016)
Government of Ajara declared that international and Georgian organizations have completed works on regulation plan of Goderdzi resort development.
As the government pointed, the strategy envisages that the resort with development area of 633.45 ha will be capable to host 7,000 visitors simultaneously round the year.
REGULATORY COMMISSION: COMMERCIAL ON OPENING OF TWO-WAY TRAFFIC ON PUSHKIN STREET IN TBILISI DID NOT SHOW ANY SIGNS OF PRE-ELECTION POLITICAL ADVERTISEMENT
(Daily News: September 26, 2016)
National Communication Commission said that United National Movement has applied to it with the claim that commercial on opening of two-way traffic on Pushkin Street in Tbilisi showed signs of pre-election political advertisement.
The commercial was broadcasted by TV companies Maestro, Imedi, GDS and Rustavi-2 by order of Tbilisi City Hall, placed via advertisement companies as paid advertisement.
Eugeorgia.Info: “TRADE RELATIONS WITH EUROPE AND RELATED CHALLENGES – HOW DO POLITICAL PARTIES PLAN TO ADDRESS PROBLEMS?”
(Economic Press Monitor: September 26, 2016)
Eugeorgia.Info got interested how do political parties plan to deepen trade relations with EU and address problems, existing in this field.
As the article states, in 2 years after enactment of Deep and Comprehensive Free Trade Agreement with EU (DCFTA), experts say that no major changes happened in trade relations with EU.
Tabula: “WHAT GLOBAL BUDGETING IS AND WHAT RISKS FOR HEALTHCARE SYSTEM DOES IT POSE”
(Economic Press Monitor: September 26, 2016)
Election program of Georgian Dream points that in case of win, structure of hospitals’ funding will be changed and shifted to so-called global budgeting, the magazine points. Current system of hospitals’ funding is based on patients’ demands and is variable.
Rezonansi: “IVANISHVILI AND BUSINESSMEN – WHAT WAS GOING BEHIND THE CLOSED DOOR”
(Economic Press Monitor: September 26, 2016)
Ex-premier Bidzina Ivanishvili “held meeting with businessmen 2 weeks before the elections and actually asked them to join pre-election campaign and conduct agitation in favor of [Georgian] Dream”, the newspaper reports.
At that, “none of businessmen has regarded form and content of the ex-premier’s statements as unacceptable, on the contrary, upon leaving the meeting, they said that there was serious and honest dialogue”, the article states.
“TBC BANK” MOVED TO PREMIUM SEGMENT OF LSE
(Daily News: September 23, 2016)
TBC Bank declared that 50 million of its shares are placed in premium listing of London Stock Exchange (LSE). Shares of TBC Bank are traded on LSE since 2014.
AJARA ECONOMY AND FINANCE MINISTRY: FEASIBILITY STUDY OF COASTAL LINE COMPLETED
(Daily News: September 23, 2016)
Economy and Finance Ministry of Ajara reported that feasibility study of coastal line has been completed.
The Ministry said that coast protecting structures will be built according to design, developed by Italian consulting company.
EBRD REGIONAL DIRECTOR: SAFETY AND QUALITY IN GEORGIA’S MEAT PROCESSION MUST BE IMPROVED AND ADJUSTED WITH EU STANDARDS
(Daily News: September 23, 2016)
Bruno Balvanera, EBRD director for Caucasus, Moldova and Belorussia, declared that “safety and quality of Georgia’s meat procession need to be improved and adapted to EU standards”.
“Growth of meat products’ quality standard will help companies to improve their access to finances and attract strategic investors”, Balvanera said.
Netgazeti.Ge: “CLOSED TV PROGRAMS AND LAWSUITS ON TV COMPANIES’ OWNERSHIP – MEDIA FROM 2012 UNTIL THE PRESENT”
(Economic Press Monitor: September 23, 2016)
TI Georgia, Georgian branch of Transparency International, has released a summary report on changes, observed in Georgian media from 2012 until the present.
During these 4 years, changes were observed on advertisement media market, owners of some TV companies were changed, popular programs were shut down and cases of pressure on journalists had took place, the newspaper points.
Forbes Georgia: “UNION FOR GEORGIAN BUSINESS SUPPORT”
(Economic Press Monitor: September 23, 2016)
Main task of EU4Buinsess – EBRD Credit Line will be bringing products, manufactured in Georgia, in compliance with European standards, the magazine reports.
Within this facility, about 50 million EUR is being brought to Georgia as grant, which aims strengthening of financial and technical capacities of small and medium enterprises.
TENDER ANNOUNCED ON REVEALING OF ENTITY, AUTHORIZED TO HOLD LOTTERIES IN GEORGIA
(Daily News: September 22, 2016)
Georgian Finance Ministry announced tender, aiming reveal of entity that will be authorized to hold lotteries in the country. The tender is open for any Georgia-registered legal entity.
DELEGATION OF GEORGIAN PARTNERSHIP FUND CONSIDERS COOPERATION WITH OPIC WITHIN VISIT TO THE US
(Daily News: September 22, 2016)
Delegation of Georgian Partnership Fund pays visit to the US, being invited by the US Overseas Private Investment Corporation (OPIC), and holds business meetings in New York and Washington, DC.
As the Fund said, main topic of planned meeting with OPIC is “transition to a new stage of cooperation”.
Rezonansi: ““KAZTRANSGAS” LEAVES GEORGIA”
(Economic Press Monitor: September 22, 2016)
Energy Minister Ilia Eloshvili confirmed information on possible selling of KazTransGas-Tbilisi (Tbilisi gas distributor, owned by Kazakhstan’s KazTransGas), the newspaper reports.
According to the Minister, there are negotiations underway between two entities.
Forbes Georgia: “POLITICAL DILEMMA IN PRE-ELECTION ECONOMIC PROGRAMS”
(Economic Press Monitor: September 22, 2016)
The magazine reminds that 27 political entities (22 parties and 5 blocks) will take part in parliamentary elections of October 8, but only 7 of them have presented election program. These entities “are the most popular unions according to various opinion polls”, the magazine points.
DATA EXCHANGE AGENCY PLANS TO JOIN PROJECTS OF “MICROSOFT” THIS YEAR
(Daily News: September 21, 2016)
The agreement, signed in Tbilisi today, qualifies Georgian Justice Ministry’s Data Exchange Agency as official partner of Microsoft and service provider for the US corporation’s projects.
The Agency declared that it plans to join projects of Microsoft this year.
GEORGIA AND LITHUANIA SIGNED MOU ON ROAMING SERVICE
(Daily News: September 21, 2016)
Georgian National Communication Commission reported that Georgia and Lithuania signed memorandum of mutual understanding on international roaming service.
From Georgian side, the document was signed also by local mobile operators MagtiCom, Geocell and Mobitel (Beeline).
AGRICULTURE MINISTRY: MOST IMPORTANT TASK IS TO TAKE ACTIONS FOR IMPROVEMENT OF GEORGIAN HAZELNUT QUALITY
(Daily News: September 21, 2016)
Agriculture Ministry reported about meeting, held with organizations involved in development of Georgia’s hazelnut industry.
As the Ministry said, it was pointed at the meeting that most important task is to take necessary actions for improvement of Georgian hazelnut quality, which will boost growth of demand on global market.
Tabula: “CONSTRUCTION OF WIND POWER PLANT NEAR GORI BROUGHT TO END”
(Economic Press Monitor: September 21, 2016)
Works on construction of the first Georgian wind power plant of 20.7 MW has been already completed, the magazine reports.
According to Energy Platform, the plant will work in test mode during October-November, after which it will be put in operation.
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