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Daily Archives: November 6, 2018

Fragments of Satkhi church’s Pillars Rehabilitated by Co-Financing RMG Handed to National Museum

National Agency of Cultural Heritage Preservation of Georgia handed fragments of Satkhi Church’s pillars to  Georgian National. 8 fragments revealed during archaeological excavations on the monastery complex will add to Shalva Amiranashvili’s house-museum today and will be consolidated with pillars brought in XXth century by Ekvtime Takaishvili. Exhibits stored in …

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Italy PM Backs TAP Pipeline – Italy to Get Natural Gas via Georgia

Prime Minister of Italy Giuseppe Conte gave his final consent to the Trans Adriatic Pipeline (TAP) project. After the project implementation Italy will receive Caspian natural gas through Georgia, Turkey, Greece and Albania. The new pipeline consists of three key sections, of which two ones, South gas corridor (Azerbaijan, Georgia) …

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IMF Warns against Low Competition in Georgia’s Banking and Health Sectors

The International Monetary Fund (IMF) recommends that the Government’s role in economy should gradually decrease to neutralize economic development obstacles. For example, number of state-owned enterprises should decrease, because they seriously compete with the private sector in several countries of the region. These recommendations are given in the last IMF …

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Prime Minister’s Speech about Trade and Investments in China

Mamuka Bakhtadze’s speech about trade and investments in China: It is my great pleasure to be here, today with all of you, participating in this very important event while at the same time representing my country, Georgia. To start off, we are a small country with rich history serving as …

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SRPC on the Global Petrochemical Map

Exxon Mobil, VA Tech Wabag, and Schneider Electrics declared interest towards this complex. Supsa Refining-Petrochemicals Complex (SRPC) within 4 years, will invest up to 3 BLN USD for the start up of a refinery and petrochemical complex designed to Euro 5+ emission standards in Supsa, Georgia. The facility will process …

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