Ministry of Finance and Economics of Adjara has summed up its work in 2011. According to the annual report, 149 million dollar investment was made in the region last year, 65 million of which was invested in the development of tourism and 47 million - for the development of industrial sector. The government has issued construction licenses on 300,000 square meters. Minister Vazha Bolkvadze said 98 objects were sold by auction mobilizing 20 million GEL to the regional budget. He also said the budget of the Adjara Autonomous Republic was increased with 380% since 2004. Vazha Bolkvadze also spoke about the employment program of the government. He said according to the average data, over 10,000 jobs were created in t he region in 2011.
The Economic Council assembled at the government`s administration to discuss the process of the Produce in Georgia project initiated by the government of Georgia. The council was chaired by the Prime Minister, Irakli Gharibashvili.
TBC Bank has come to the London Stock Exchange. The official presentation of the TBC Bank on London Stock Exchange was attended by Prime Minister of the Georgia, Irakli Garibashvili. The Head of the Government addressed the audience and congratulated TBC Bank on success.
Upper and Lower Khevsureti will be soon connected with a new road, the project of which was presented in the village of Barisakho today. The idea of a new connecting highway was proposed by the Patriarch of All Georgia, Ilia II.
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The government of Georgia has voiced an initiative about establishing a Fund of Civil Solidarity - the initiative was voiced at the meeting of the government today. It has been announced that a special working group has been assigned to present the action plan...
The President of the Kartu Bank, founded by the Georgian billionaire and the former prime minister Bidzina Ivanishvili, has confirmed that the negotiations with potential investors on selling the bank are underway.
The Prime Minister of Georgia is delivering a report on the reforms carried out and the future action plans for the development of private sector in the country - Irakli Gharibashvili is meeting with the representatives of local businesses...