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Economic Press Monitor


April 13, 2021

IN THIS ISSUE:

1. KELLY DEGNAN – GEORGIA HAS A LOT TO OFFER IN AGRO-TOURISM
2. NEW FERROALLOY ENTERPRISE WILL BE BUILT IN TERJOLA – 100 PEOPLE WILL BE EMPLOYED
3. WITH INVESTMENT OF $5M, NEW PREMIUM-CLASS HOTEL OPENS IN MESTIA
4. DIRECTOR OF BATUMI BOULEVARD, WHO OPPOSED CONSTRUCTIONS, IS DISMISSED

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1. KELLY DEGNAN – GEORGIA HAS A LOT TO OFFER IN AGRO-TOURISM
Tourism

The US ambassador to Georgia Kelly Degnan declared that “Georgia has a lot to offer, in particular in agro-tourism”.

The ambassador stated this during the panel discussion “Pandemic: Opportunity or Challenge for Agricultural Sector”, organized by Georgian Farmers’ Association.

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2. NEW FERROALLOY ENTERPRISE WILL BE BUILT IN TERJOLA – 100 PEOPLE WILL BE EMPLOYED
Companies

With support of “Produce in Georgia” state program, Manganese Industries will build a new ferroalloy enterprise in Terjola municipality (Imereti region), the newspaper reports. The state handed over a land plot to the company at a symbolic price of 1 lari.

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3. WITH INVESTMENT OF $5M, NEW PREMIUM-CLASS HOTEL OPENS IN MESTIA
Companies

A hotel complex of premium class will be opened in Mestia (mountainous region Svaneti) in May, the magazine reports. LLC Gistola invests $5 million for that end.

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4. DIRECTOR OF BATUMI BOULEVARD, WHO OPPOSED CONSTRUCTIONS, IS DISMISSED
Conflict and Court

Irakli Jincharadze, director of Batumi Boulevard, who opposed development and alienation of the Boulevard territory, was dismissed from office, Tabula reports.

In its turn, Ajara Ministry of Finance and Economy attributed Jincharadze’s dismissal with violations, revealed by the State Audit Service.

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  04/26/24 + / -
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