Issue 5, 2017. October-November

 

INVESTMENT NEWS

Investor.ge provides a brief update on investments and changes in government policy that could impact the business environment. The information in this issue was taken from agenda.ge, a governmentsupported website, and other sources.
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ONE INVESTMENT, ELEVEN PROJECTS, CLEANER AIR

BP and its oil and gas co-venturers funded a three-year project to support 11 energy efficient projects that were launched in partnership with the municipalities in eight cities in Georgia. The clean energy technologies introduced in various municipal buildings and other facilities in the country have helped to reduce energy bills, improve the quality of the supplied energy, and reduce air pollution.
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NEW AWARDS PROGRAM TO ENCOURAGE INNOVATION

Impact Hub at Fabrika is hosting the international Social Impact Awards, a competition for students in Tbilisi and Telavi. The awards aim to encourage innovation and social entrepreneurship in Georgia. Story by Inge SNip, Photos by George Surguladze and Social impact awards.ge
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FARMING FOR CURRENCY: GEORGIANS WADE INTO BITCOIN MINING

Bitcoin farming-the process of using computers to mine the digital currency-is slowly catching on in Georgia, especially among IT specialists.
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DYNAMISM AMONG THE YOUNG WITH RETIREMENT PLANNING IN GEORGIA

The pension system in Georgia is facing challenges. According to the World Bank, in a country with a declining working-age population, a retirement system in which the state is solely responsible for providing pensions-as in Georgia-is inadvisable.
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A TBILISI EXODUS OR ALARMING URBAN SPRAWL?

Investor.ge looks at the growing impression that growing real estate prices, traffic congestion and air quality are pushing people to look for homes outside of Tbilisi.
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FROM THE EXPERTS: ARE TBILISIANS LEAVING THE CITY?

Investor.ge spoke with three experts in the Georgian real estate market, Managing Director of Colliers International Georgia Irakli Kilauridze, Irakli Burdiladze, CEO of m² Real Estate and Nina Kipiani, the Partner and Head of Country at Cushman & Wakefield Georgia, about whether Tbilisi's city dwellers are moving out to the 'burbs and how the parking problem is affecting developments.
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ALPINE GOLD: SWISS CHEESE MADE IN THE GEORGIAN MOUNTAINS

A Georgian-Swiss partnership is reviving a lost tradition of Alpine cheese manufacturing in the Georgian mountains.
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GEORGIA'S CHESS - A NEW GENERATION

Georgian chess players-particularly women-have long enjoyed tremendous success in the game despite limited budgets and training facilities. But the coach of the national team warns more support is necessary to continue the country's tradition of strong grandmasters.
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A PLACE ON THE TEAM: A NEW PUSH FOR EQUALITY IN SPORTS

Georgian female athletes have brought glory to their country for decades at the Olympics and other international competitions-first competing under the Soviet flag and now under the Georgian flag. But at home, girl athletes, especially in competitive team sports, have struggled to find support and financing.
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TBILISI NEIGHBORHOODS: VAKE

Investor.ge has teamed up with analyst and historian Emil Avdaliani to explore the history of Tbilisi's great neighborhoods. In this issue we will be exploring the Vake district.
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