Issue 1, 2018. February-March



KPMG Georgia recently published its latest crane survey -- a study of how many construction cranes are located in any given area of Tbilisi. The study provides an interesting and insightful snapshot of the ongoing construction at any given time. A full version of the study can be downloaded from

KPMG's Q4 2017 survey found a total of 117 cranes in Tbilisi, up from 107 cranes in Q1 2017.

The report provides a detailed breakdown of the number of cranes, and the corresponding types of construction projects, in every district of Tbilisi.

From the report: The results of our survey have also revealed that the construction of residential buildings has been the most attractive for developers and private investors, with 67.2% of construction works being related to residential premises, followed by multifunctional complexes with a 15.5% share. The latter involves the development of a mix of residential, commercial, office and hotel premises. Residential construction recorded the only growth rate of 36.8% (+21 units) among other categories, reaching 78 cranes in total, compared to 57 cranes as of Q1 2017. However, the highest decreases, of 80.0% (-4 units) and 66.7% (-4 units), were identified in "other" and "hotel constructions" now showing one and two cranes, respectively. The 11.1% (-2 units) and 5.3% (-1 unit) decreases were observed in suspended/finished and multifunctional constructions, respectively (18 and 19 cranes in Q1 2017, respectively). There was no change in the number of cranes used in commercial constructions.

The KPMG survey found that Vake had the most visible cranes per 1,000 people in Q4 2017, putting it ahead of Saburtalo, which headed the list in Q1 2017.

From the report: Vake has moved into the first place in terms of number of cranes and cranes per 1,000 people. Vake is located in the center and western parts of the city, sharing borders with Mtatsminda and Saburtalo. According to the new allocation of administrative areas in the city, combined with adjustments made for the nonpopulated parts, the total area of the region was estimated to be 24 sq. km. The central part of the region (also known as old Vake), is considered as one of the most prestigious places among citizens. This may also explain the highest concentration of construction sites in this part of the city. Despite its small population and area, Vake is becoming the center of commercial and business activities, with some of the largest projects, such as Hilton, Axis Towers, etc. currently being developed.

Out of 31 cranes (26 cranes, Q1 2017): - 4 were suspended or at the final stages of construction (6 cranes, Q1 2017) - 22 cranes were used for construction of residential buildings (15 cranes, Q1 2017) - the remaining 5 cranes are used in multifunctional projects (4 cranes, Q1 2017).

The likely impact of this volume of activity is that the population density will increase and traffic congestion deteriorate further.

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