Issue 2, 2012. April-May

 

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 government- supported website, and other sources..
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GEORGIA PUSHES FOR CLOSE RELATIONS WITH JAPAN

Georgian Prime Minister Mamuka Bakhtadze led a delegation to Japan in March. The prime minister noted that it is possible to increase exports to Japan and increase foreign direct investments from Japanese businesses.
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SOLAR PANELS TO BE PRODUCED AT KUTAISI FREE ZONE

A German investor is planning to start producing solar panels in Georgia in April.
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GEORGIA GOES ALL IN ON EDUCATION - WAY TO FREEDOM INITIATIVE

The Georgian government has promised to invest one-fourth of the state budget, or about six percent of the country's GDP, into "unprecedented support for education" by 2022. The announcement was made in a special presentation in March.
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BREATHE A SIGH OF RELIEF: GEORGIAN GOVERNMENT ACTS TO IMPROVE AIR QUALITY

Back in 2016, the World Health Organization (WHO) released its annual report on health statistics for its 194 member states, which ranked Georgia, for the first time, as the country with the deadliest air pollution.
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A BILLION EUROS FOR GEORGIA: AN INTERVIEW WITH INVESTOR OLEG OSSINOVSKI

Investor.ge spoke with Oleg Ossinovski, the Head and Founder of AS Skinest Group, a major investor of Tbilisi Hills Golf & Residences, about his investments, the business climate in Georgia and his plans to develop golf in the country.
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GEORGIAN HAZELNUTS AND HONEY HIGHLIGHT EXPORT POTENTIAL

Georgian agriculture exports are steadily increasing: in 2018 the country exported $959.2 million worth of agricultural products, up 23.2 percent compared to 2017. Exports to the EU are still dwarfed by the demand from other countries, but two products - hazelnuts and honey - underscore the potential for growth.
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EXPLAINER: ANAKLIA DEEP-SEA PORT

The planned Black Sea deep-sea port is expected to bolster Georgia's role in the region as a transit and logistics hub.
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GEORGIA SKI RESORTS PREPARE TO HOST FREESTYLE SKI AND SNOWBOARD WORLD CHAMPIONSHIPS

Georgian ski resorts are steadily growing in popularity. The resorts are hosting more skiers and snowboarders but remain under developed. The government and international donors are planning major infrastructure projects, especially new roads, to make the resorts more accessible in time for the 2022 Freestyle Ski and Snowboard World Championships.
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USAID PROGRAM ENCOURAGES PRIVATE BUSINESSES TO INVEST IN LOCAL COMMUNITIES

A new push by USAID to involve private businesses in its work to empower local populations is providing benefits for Georgian businesses and communities.
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GEORGIAN BUSINESSES EMBRACE COACHING CULTURE

Companies in Georgia are increasingly hiring coaches to empower employees to communicate better and to build stronger teams.
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