Issue 6, 2019. December-January

 

INVESTMENT NEWS

Investor.ge provides a brief update on investments and changes in government policy that could impact the business environment. Information in this issue was taken from agenda.ge and other sources.
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THE FAST AND THE FURIOUS 9

Shooting Fast and Furious 9 In Georgia gives green light to major film studio productions.
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ANTI-ANTI-FASHION: AFTER INDUSTRY MAKEOVER, GEORGIAN FASHION REDEFINES ITSELF

The Gvasalia anti-fashion boom is over, but Georgian fashion is still trending thanks to a revolution in the industry. At 2019 MB fashion week Tbilisi, Georgian designers continue to challenge the fashion world - but this time in clothes that are tailored to fit.
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HOW THE PRIVATE SECTOR CAN REVOLUTIONIZE EDUCATION AND THE LABOR MARKET IN GEORGIA

Georgia turns to Dual VET programs to correct mismatch between labour supply and demand.
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REVAMPING THE US OVERSEAS PRIVATE INVESTMENT CORPORATION (OPIC) - A KEY PLAYER IN GEORGIAN DEVELOPMENT

The U.S. Overseas Private Investment Corporation has played an important role in Georgia's development since the mid-90s. Now, OPIC is undergoing a transformation to become The U.S. International Development Finance Corporation, which will have twice as much financing capital and extended tools to advance development and US policy goals around the world.
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HOW GEORGIAN PHAGE SCIENCE MIGHT PAVE THE FUTURE OF BIOTECH

With the world's largest library of classified bacteriophages, Georgia is in a unique position to take advantage of its knowledge and experience in a field of science still getting on its legs in the West and elsewhere.
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WHERE'S THE BEER? GEORGIA'S FERMENTING CRAFT CULTURE

Entrepreneurs are brewing a revolution in Georgian beer, as craft beers gain popularity and marketability in a country formerly known only for its wine.
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IN VINO VERITAS: NUMBERS SHOW GEORGIAN WINE PRODUCTION PRESSING ON

Georgia has 500 registered wine companies, 100,000 home wineries, its wine turnover last year totalled GEL 868 million and 85 percent of that was exported, the Ministry of Environmental Protection and Agriculture's Wine Agency reported recently.
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PUSHING BACK THE PEST - IS GEORGIA BEATING THE STINK BUG?

The Brown marmorated stink bug has taken a big bite out of Georgian hazelnut exports, but with the help of donor and state support in recent years, Georgian farmers seem to have put the pest in check for now.
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GEORGIA MOVING TOWARDS RECYCLING - INTERVIEW WITH THE GEORGIAN WASTE MANAGEMENT ASSOCIATION

The American Chamber of Commerce in Georgia and the Georgian Waste Management Association have recently teamed up to stimulate a wider conversation about recycling and other pressing environmental issues in Georgia.
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GEORGIA VYING FOR STATUS AS LOGISTICS, TRANSPORT HUB ON CHINA'S REIMAGINED SILK ROAD

The Tbilisi Silk Road Forum took place on 22-23 October, bringing together 2,000 delegates and representatives from 60 countries to talk about China's Belt and Road initiative and Georgia's role in the development of regional transport and logistics infrastructure.
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THE CAPITOL GUIDE TO ASSET MANAGEMENT IN GEORGIA - WHAT TO KNOW AND WHAT TO LOOK OUT FOR

Investor.ge sat down for a talk with Capitol Investment Group Managing Partner Archil Shishmanashvili to discuss the state of asset management in Georgia, the potential the sector has to grow and what's keeping it from doing so. [read more]


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