News Archive
 
     
 
31 January 2013
Tourism Association Refutes Reduction in the Number of Tourists in the Country
Tourism Association refutes suspension of tourism development in the country. Recall, a founder of 3-star hotel chain management company "GeoHotel" talks about the lack of tourists in Gudauri resort and says that Mestia as a winter tourism destination no lo
     
 
30 January 2013
Funds not yet been Mobilized in One Billion Foundation "GP Morgan" may participate in Georgian Investment Fund
Funds have not yet been mobilized in One Billion Agriculture Foundation. According to the Minister of Agriculture, information about investors and
     
 
28 January 2013
International Investors Association waiting for Formation of Economic Strategy from Georgian Gov’t
The International Investors Association is waiting for the formation of economic strategy from the new government of Georgia.
     
 
22 January 2013
It’s Unknown, whether Construction of Pori Airport will be Continued
Whether the construction of the largest airport in the South Caucasus will be continued, is still unknown. "Rakia Georgia" chief legal a
     
 
21 January 2013
"Argo" Complex to be Opened in Batumi in April
The multifunctional complex "Argo" which is called "Batumi funicular " will be opened in April. The internal w
     
 
21 January 2013
Georgia to Offer Davos World Forum Investing in Investment Fund
he Georgian side will offer participants of Davos World Economic Forum investing in a private investment fund. Minister of Economy says informal as well as official bilateral meetings with investors are planned in Davos.   Giorgi Kvirikashv
     
 
17 January 2013
World Bank Predicts Georgia’s Economy to Grow 5.1% This Year
The World Bank (WB) has a pessimistic prognosis in terms of the growth of the Georgian economy compared to the country’s government. The report of
     
 
17 January 2013
Parliamentary Majority’s Initiative Caused Displease of Bankers and Thanks of Developers "Arci" Director General: If the banks’ intervention in the development business is controlled, our business will develop even more
Georgian Builders’ Association is grateful to Parliamentary Committee on Sectoral Economy for the initiative as a result of which banks’ intervention in the development business will be monitored by the antitrust law. A reminder: Chairman of the Parliamentary Committee
     
 
17 January 2013
Shopping Center to be Built instead of “Hyatt” Hotel in Tbilisi
The luxury class "Hyatt" hotel will not be built in Tbilisi. One of the heads of "Loyal Estate" company implementing the project says that the shopping center will be located in the area of a former "Aragvi" restaurant inste
     
 
16 January 2013
Antitrust Laws may Control Banks’ Interference in Development Activities Zurab Tkemaladze considers unacceptable for banks to own construction companies
Does the fact that banks own development companies restrict competition in the real estate sector? Radio “Commersant” reports that this problem co

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