Special Report: Economics
July 9, 2017
CONSTRUCTION – I QUARTER, 2017
In the first quarter of 2017, compared to the corresponding period of 2016:
- Production value of the construction sector increased by 13%;
- Total turnover of the construction sector increased by 16%;
- Foreign direct investments in the construction sector increased by 188% (GEL 36.4 mln);
- The number of persons employed in the construction sector increased by 2.8% (1,600 persons).
In the first quarter of 2017, compared to the corresponding period of 2016, the production value of the construction sector increased by 13% (GEL 137 mln) and amounted to GEL 1.2 bln.
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Policy and Management Consulting Group (PMCG) is development consulting company, specializing in policy advising, capacity building, social infrastructure development, and corporate management. PMCG is primarily working in the regions of Eastern Europe, the Caucasus, Central Asia, the Middle East and Africa, with bilateral and multilateral development institutions, such as: USAID, European Commission, World Bank, UNDP, ADB, JICA and others.