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Tag Archives: Infrastructure

Henrik Hololei: EU Outlined Infrastructure Projects in Georgia

The Director General of the Transport and Mobility of the European Commission Henrik Hololei says that the EU has expanded trans-European transport network to eastern partnership countries.  Henrik Hololei noted that the mobility and transport are the backbone of the further enhancing of the cooperation between the EU and Georgia. …

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Infrastructural Projects Government will Finance Additionally

On August 29 Government members discussed the issue of allocating additional financial resources for improving infrastructure at resort zones, Georgian Prime Minister Mamuka Bakhtadze said. Kobi-Gudauri skiing tracks and counter-avalanche systems will be arranged, Ureki old boulevard will be rehabilitated and construction works will start for new boulevard, Bakhtadze said. …

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New Boulevard Infrastructure to be Arranged in Poti

The Poti seaside line infrastructure will be renewed this summer.  3-kilometer long boulevard was already constructed in Maltakva. At this time the second stage of the construction of the coastline is underway, which implies the withdrawal of communications, the construction of the parking lot and other works. As the City …

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Development of Tourism Infrastructure in Ujarma is Planned

Development of tourism infrastructure in the village Ujarma, Sagarejo municipality, is planned in the area of the cultural heritage, fortress city. The Municipal Development Fund has already announced tender for the procurement of construction works in order to improve the city  infrastructure. Estimated cost of the project is 69 447 …

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AYFB Urges Zurab Alavidze for Promptly Revision of Tender Regulations

AYFB Urges Zurab Alavidze for Promptly Revision of Tender Regulations

Association of Young Financiers and Businessmen (AYFB) urges Minister of Infrastructure and Regional Development of Georgia Zurab Alavidze to promptly revise regulations for conducting major road-infrastructural tenders. The first part of AYFB research exposed serious violations and errors and even law enforcement bodies may be invited to comprehensively explore the …

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What to Expect from 2018 State Budget

Infrastructure, Education and Healthcare as Priorities of the 2018 State Budget. Total revenues of the 2018 state budget are planned at 12.4 billion GEL, including: tax revenues – 9.490 billion GEL (23.5% of GDP); the remaining part of revenues will be mobilized from other resources. This signifies 23 Tetri from …

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Georgia Ranks 76th in terms of Infrastructure Quality

Georgia ranks 69th in terms of infrastructure competitiveness. According to the World Economic Forum indicators, Hong Kong ranks first with the world’s best infrastructure (6.7 point of 7.0 point). Georgia’s rating score is 4.2. Top 10 countries in the rating are as follows: Hong Kong – 6.7 Singapore – 6.5 …

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Georgia-Germany Business Forum to be Held in Hamburg

 Germany will host forum on October 18. Representatives of governmental organizations and trade chambers of Germany and Georgia will address the audience at the event. Presentations on the trade and investment environment of the two countries will be presented and discussed at the event. Discussions will be also held about Georgia …

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Infrastructure Companies Getting Ready for New Market Regulations

Starting October 1, 2017,  infrastructure companies are obliged to submit audited financial reports. Under new regulations, companies will be requested to submit a yearlong audited financial report for participating in infrastructural tenders. New qualification requirements will refer to all tenders of more than 1mln GEL value announced by Ministry of …

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