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Economic Press Monitor


March 22, 2019

IN THIS ISSUE:

1. ON CAMPUS TERRITORY, CONSTRUCTION OF NEW PROJECT IS PLANNED
2. OUR PLANS EXCEED LIMITS OF THE PORT CONSTRUCTION ONLY AND PARTNERSHIP WITH THE SOUTH KOREAN COMPANY AIMS SHIP BUILDING
3. STATEMENT OF THE MINISTER ON “SSA MARINE” IS ESTIMATED IN THE “CONSORTIUM” AS DISCREDIT OF PARTNERS
4. FROM 226 OBJECTS, ONLY ONE MET STANDARD OF FIRE SAFETY – AUDIT

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1. ON CAMPUS TERRITORY, CONSTRUCTION OF NEW PROJECT IS PLANNED
Construction

On the territory of old campus in Tbilisi area Vake, construction of multipurpose complex is planned, the newspaper reports.

The article points that the developer, LLC Development on Chavchavadze, has submitted for the moment a request for approval of planning specification of development plan.

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2. OUR PLANS EXCEED LIMITS OF THE PORT CONSTRUCTION ONLY AND PARTNERSHIP WITH THE SOUTH KOREAN COMPANY AIMS SHIP BUILDING
Companies

Our future partnership with Hyundai Samho Heavy Industries will be directed to ship building, one of founders of Georgia’s largest TBC Bank Mamuka Khazaradze declared to journalists. Georgia has to have own fleet, he pointed.

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3. STATEMENT OF THE MINISTER ON “SSA MARINE” IS ESTIMATED IN THE “CONSORTIUM” AS DISCREDIT OF PARTNERS
Economic & Politics

Georgia’s Minister of Regional Development and Infrastructure Maya Tskitishvili declared that Anaklia Development Consortium “tries “to sell” to the public that its partner is allegedly SSA Marine”.

However, instead of SSA Marine, we have “5 employees of the company, entering into the same group, who, along with other employees, are responsible only for technical operation of the port”, Tskitishvili specified.

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4. FROM 226 OBJECTS, ONLY ONE MET STANDARD OF FIRE SAFETY – AUDIT
Economic & Politics

Georgian State Audit Service reported that out of 226 objects, checked in the first half of 2018, violations of requirements of fire safety were not revealed in only one. At that, 100% of recommendations, issued in previous years, were implemented only in 14% of objects.

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