News in Brief - April 26, 2007 - economics
GEORGIA HOPES TO ATTRACT ADDITIONAL GOODS FROM CENTRAL ASIA AND CHINA
Talks on attraction additional load from Central Asia and China are undergoing, Irakli Ezugbaia, director general of LLC Georgian Railway, said. Particularly, preferential transportation of wheat via Georgia is discussed with Kazakhstan.
LARI STRENGTHENING WILL NOT IMPACT NEGATIVELY FOREIGN TRADE, NATIONAL BANK OF GEORGIA SAYS
National Bank of Georgia (NBG) considers that “competiveness of foreign sector has not been suffered in 2006 from lari rate changes”. The question is discussed in NGB annual report, which was passed to the Parliament’s financial-budgetary committee today.
SKIING RESORT INFRASTRUCTURE TO BE DEVELOPED
Presidential program of skiing resort infrastructure developing is being prepared. The project aims to renovate infrastructure in resorts of Bakuriani and Gudauri, Giorgi Arveladze, Minister of Economic Development, said today at news conference.
GEORGIA HOPES TO ATTRACT ADDITIONAL GOODS FROM CENTRAL ASIA AND CHINA
Talks on attraction additional load from Central Asia and China are undergoing, Irakli Ezugbaia, director general of LLC Georgian Railway, said. Particularly, preferential transportation of wheat via Georgia is discussed with Kazakhstan.
LARI STRENGTHENING WILL NOT IMPACT NEGATIVELY FOREIGN TRADE, NATIONAL BANK OF GEORGIA SAYS
National Bank of Georgia (NBG) considers that “competiveness of foreign sector has not been suffered in 2006 from lari rate changes”. The question is discussed in NGB annual report, which was passed to the Parliament’s financial-budgetary committee today.
SKIING RESORT INFRASTRUCTURE TO BE DEVELOPED
Presidential program of skiing resort infrastructure developing is being prepared. The project aims to renovate infrastructure in resorts of Bakuriani and Gudauri, Giorgi Arveladze, Minister of Economic Development, said today at news conference.
business
INVESTMENTS IN UNITED TELECOM TO MAKE UP $50M FOR THE NEXT 3 YEARS PERIOD
Yoerg Shmolinski, director of JSC Georgian United Telecommunication Company, declared today that investments of $50 million will be made within next 3 year. He said that the funds will be used for the infrastructure and cable renewal in major cities of Georgia. Currently 50% of infrastructure and 75% of cables is useless, said Shmolinski.
BTA SILK ROAD BANK OFFERS VISA CLASSIC AND VISA GOLD TO CUSTOMERS
As BTA Silk Road Bank informed Sarke, clients will be offered Visa Classic and Visa Gold plastic cards in May. At this stage bank issues only Visa Electron, which emission has been launched from the beginning of last year.
FREIGHT DOCK OF BATUMI PORT TO BE LEASED FOR 25 YEAR
The Ministry of Finance and Economics of Ajara has announced auction on 25-year leasing of freight dock of Batumi port with attached land plot (11,000 square m). The starting price is $2.8 million.
LLC TRANSPROEKTI TO RECEIVE LAND PLOT INSTEAD OF PROPERTY TRANSFERRED TO STATE
Ministry of Economic Development grants LLC Transproekti (design and research institute) with the right of land direct privatization, in exchange of the land plot, which was passed free of charge to the state. The decision was made based on the institute appeal to be granted the right to acquire this land plot (with constructions) in preferential price.
LAND PLOTS IN LIAKHVI GORGE TO BE PASSED TO LLC ERTGULEBA
As the Ministry of Economic Development informs, LLC Ertguleba will be given non-agricultural land plots in Liakhvi Gorge, Gori region. The lands are passed instead of repairs to be carried out in administrative buildings.
INVESTMENTS IN UNITED TELECOM TO MAKE UP $50M FOR THE NEXT 3 YEARS PERIOD
Yoerg Shmolinski, director of JSC Georgian United Telecommunication Company, declared today that investments of $50 million will be made within next 3 year. He said that the funds will be used for the infrastructure and cable renewal in major cities of Georgia. Currently 50% of infrastructure and 75% of cables is useless, said Shmolinski.
BTA SILK ROAD BANK OFFERS VISA CLASSIC AND VISA GOLD TO CUSTOMERS
As BTA Silk Road Bank informed Sarke, clients will be offered Visa Classic and Visa Gold plastic cards in May. At this stage bank issues only Visa Electron, which emission has been launched from the beginning of last year.
FREIGHT DOCK OF BATUMI PORT TO BE LEASED FOR 25 YEAR
The Ministry of Finance and Economics of Ajara has announced auction on 25-year leasing of freight dock of Batumi port with attached land plot (11,000 square m). The starting price is $2.8 million.
LLC TRANSPROEKTI TO RECEIVE LAND PLOT INSTEAD OF PROPERTY TRANSFERRED TO STATE
Ministry of Economic Development grants LLC Transproekti (design and research institute) with the right of land direct privatization, in exchange of the land plot, which was passed free of charge to the state. The decision was made based on the institute appeal to be granted the right to acquire this land plot (with constructions) in preferential price.
LAND PLOTS IN LIAKHVI GORGE TO BE PASSED TO LLC ERTGULEBA
As the Ministry of Economic Development informs, LLC Ertguleba will be given non-agricultural land plots in Liakhvi Gorge, Gori region. The lands are passed instead of repairs to be carried out in administrative buildings.
LAST WEEK REVIEW
politics & society
ACTUAL WARMING OF RELATIONSHIPS NOT EXPECTED
Tensions between Russia and Georgia are still in the limelight. Georgian Foreign Minister Gela Bezhuashvili considered current tense atmosphere between the countries during his Moscow visit with his colleague.
politics & society
ACTUAL WARMING OF RELATIONSHIPS NOT EXPECTED
Tensions between Russia and Georgia are still in the limelight. Georgian Foreign Minister Gela Bezhuashvili considered current tense atmosphere between the countries during his Moscow visit with his colleague.
More: http://www.sarke.com/
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