Tbilisi Budget to Rise to 200 million GEL in 2020

Tbilisi Budget to Rise to 200 million GEL in 2020

According to the 2020 budget bill, the capital city funding will essentially rise. The 2019 municipal budget constituted 1.79 billion GEL and this amount has created preconditions for implementing a lot of important projects, Tbilisi Mayor Kakha Kaladze noted at the Tbilisi government meeting on October 2. The 2020 budget will be bigger and the […]

OPIC Invested $50 mln in New Pace Terminal in Poti Port

OPIC Invested $50 mln in New Pace Terminal in Poti Port

The US Government’s Overseas Private Investment Corporation (OPIC) invested $ 50 million in New Pace Terminal in Poti Port. The new port infrastructure will be located on 25 hectares of land; within the frames of the construction, the water area will deepen to 13 meters and, consequently, the port will be able to accept vessels […]

Poti Sea Port has handled 6 403 000 tons of cargo

Poti Sea Port has handled 6 403 000 tons of cargo

In September, APM Terminals Poti has handled the highest ever number of containers in Poti Sea Port, which amounts to 51,272 TEUs. It is noteworthy that monthly record numbers which are shown since March this year in different directions (container volumes, vessel calls, rail car movements, etc.) are conditioned by both – overall upswing in […]

Georgia to Host UNWTO Executive Board Meeting in 2020

Georgia to Host UNWTO Executive Board Meeting in 2020

In June 2020 Georgia will host the meeting of the executive board of UN World Tourism Organization (WTO). The decision was made in Madrid, Spain. According to National Tourism Administration of Georgia, the meeting with the UNWTO secretary general Zurab Pololikashvili was attended by Mariam Kvrivishvili, head of National Tourism Administration, Georgian Ambassador to Spain […]

Charter Flights Might Start Between Tbilisi and Madrid

Charter Flights Might Start Between Tbilisi and Madrid

Head of the Administration of National Tourism Agency, Mariam Kvrivishvili and Ambassador Plenipotentiary Ilia Giorgadze of Georgia in Spain have visited representatives of Swiftair in Madrid. Swiftair S.A. is an airline headquartered in Madrid, Spain. It operates scheduled and charter, passenger and cargo flights in Europe, North Africa and the Middle East. Its main base is Madrid–Barajas Airport. […]

Petra Fortress Rehabilitation to Complete in 2020

Petra Fortress Rehabilitation to Complete in 2020

A total of GEL 1 750 000 will be allocated from the budget for rehabilitation of Petra Fortress. In the frames of the project adapted paths, a visitor center, a café, exhibition buildings and parking lots will be arranged in the fortress’ area. In the coming days, we are launching a large-scale infrastructure project on […]

Georgian external trade amounts to $8.13 billion in January-August 2019

Georgian external trade amounts to $8.13 billion in January-August 2019

Georgia’s external trade turnover increased to $8.13 billion (0.01%) in January-August 2019, reports preliminary data by the National Statistics Office of Georgia (Geostat). The value of exports increased by 12.4 per cent and reached $2.4 billion, while imports decreased 4.4 per cent and amounted to $5.7 billion. The trade deficit of Georgia in January-August 2019 amounted to […]

Seven additional destinations for direct flights from Kutaisi International Airport in September

Seven additional destinations for direct flights from Kutaisi International Airport in September

From September 10 Wizz Air has launched 7 new routes from Kutaisi International Airport to Tallinn, Brussels, Eindhoven, Bari,Kopenhagen, Basel and Poznan. Direct flights between Estonia and Georgia, Kingdom of Denmark and Switzerland have not been carried out so far. “In addition to the existing 21 European destinations, one of Europe’s top airlines, Wizz Air, […]

The Amount of Exported Wine Increased by 6% and the Price by 9%

The Amount of Exported Wine Increased by 6% and the Price by 9%

In the first half of 2019, 40,5 mil. bottles (0,75l) of wine has been exported to 44 countries worldwide, that is 6% higher than the similar data of 2018. Exported wine income amounted to 98mil.USD, that is 9% higher than the data of 2018. Exported brandy income amounted to 27,4 mil USD (growth 62%). 238 […]

Kenichi Ohashi: The Quality of Georgian Wine has Absolutely Increased

Kenichi Ohashi: The Quality of Georgian Wine has Absolutely Increased

The quality level of Georgian wine is higher compared to the previous years. The only master of wine in Japan, Kenichi Ohashi, talked about it after the Georgian wine tasting held in Tbilisi. Master of wine, head of the National Wine Agency contractor company “Red Bridge”, Kenichi Ohashi, was visiting Georgia with the group of […]