Tag Archives: Transport

The creation of a transport corridor between the Persian Gulf and the Black Sea will promote greater rapprochement of people, Iranian Foreign Minister Mohammad Javad Zarif, who is on an official visit to Georgia, told journalists in Tbilisi on April 18. “Georgia, Iran, Azerbaijan and Armenia must necessarily participate in …

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 …

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 …

Transport is a key contributor to economic growth, prosperity and tosocietal well-being. Physical links across Asia and the Pacific have increasingly improved throughyears of steady investments in the Asian Highway, a project endorsed by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) commission at …

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. …

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 …

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 …

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 …

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 …

In March, with the support of EWMI ACCESS, the Caucasus Research Resource Centers (CRRC) Georgia and the Partnership for Road Safety launched a new project STOP – Safer Transit Options for Passengers. The project aimed at increasing the safety of intercity transport in Georgia and reducing road accidents through applying …

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 …

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 …