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Tag Archives: Transport

ADB Investment in Batumi Bypass to Improve Logistics, Transport

The Asian Development Bank (ADB) has approved a $114 million loan to help improve regional connectivity and road transport efficiency in Georgia, while strengthening the country’s bid to become a regional transport and logistics hub. ADB is also expected to manage and administer up to $114 million in additional financing …

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Multimodal Transport Hub to Launch Operation in Tbilisi

Multimodal transport hub will be created in Tbilisi, Deputy Mayor of Tbilisi Irakli Lekvinadze told Business Course company. The project will be implemented jointly with Asian Development Bank (ADB). “We are discussing several locations, where the multimodal transport hub may be arranged. This project calls for organizing an important transportation …

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Ilham Aliyev: Azerbaijan, Georgia Linked by Projects in Transport, Energy Fields

Azerbaijan’s President Ilham Aliyev received Georgia’s Prime Minister Giorgi Kvirikashvili Aug. 31. “You have quite frequently been visiting Azerbaijan. Now you are visiting as a Prime Minister. I am very glad,” said the president. Ilham Aliyev expressed confidence that this visit will promote the strengthening of relations in the future. …

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The Effect of Kvirikashvili Brings Effective Results

The Effect of Kvirikashvili Brings Effective Results

First Quarter Saw 10 Years’ Best Economic Indicators. Geostat, the national statistics service of Georgia, has published the macroeconomic indicators of the first quarter of 2016. The report shows that the country has seen similar positive figures for the first time since 2007-2008, when GDP growth was recording 9-12%. According …

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150 New Buses will Appear in Tbilisi from September

150 New Buses will Appear in Tbilisi from September

In September 2016, modern, safe and convenient new buses will appear in Tbilisi. However, the City Hall is expecting the final decision the European Bank for Reconstruction and Development (EBRD) will make. “Almost everything is completed and the bringing of the new buses have been already resolved, but the final word should say …

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China will Transport Cargo to Belgium via Georgia

China will Transport Cargo to Belgium via Georgia

The container train ‘Viking’ will transport cargo from China to Belgium in July-August. According to Javid Gurbanov, head of the Azerbaijan Railways CJSC, two trains will use Trans-Caspian International Transport Route. The cargo will arrive in Poti Sea Port and the cargo will be distributed at the place, part of …

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Hyperloop One Tests High-Speed Transport Propulsion System

Hyperloop One Tests High-Speed Transport Propulsion System

Hyperloop, the supersonic transport system proposed by tech billionaire Elon Musk, has taken a tentative step towards reality with the first public test of a prototype propulsion system. One of the companies vying to make the idea a reality, Hyperloop One, which changed its name from Hyperloop Technologies on Wednesday …

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Over $590M Invested in Georgia’s Transport, Communications Sector

Over $590M Invested in Georgia’s Transport, Communications Sector

In 2015, a major part of investments – $594 million were invested in Georgia’s transportation and communications sphere, which is 37 percent more than in 2014. Some 44 percent of the total foreign direct investments in the Georgian economy in 2015 accounted for the transportation and communications field, a report …

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Substantial Change in circumstances for Tbilisi Bus Scheme

There is substantial change in circumstances for Tbilisi Bus scheme. According to Tbilisi Transport Company, due to the works of the Tbilisi Development Fund the section of the road on Agmashenebeli avenue is closed since 9th of February 2016 starting from Chorokhi street to Saarbrücken Square. The buses that usually pass …

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