Daily News January 30, 2023	Days:  26 27 30 31 01

politics

GEORGIAN PREMIER AND AUSTRIAN CHANCELLOR DISCUSSED PROSPECTS OF BILATERAL COOPERATION DEEPENING

Austrian Chancellor Karl Nehammer, who arrived in Georgia today, met in Tbilisi with Georgia’s Prime Minister Irakli Garibashvili. At the meeting, the parties discussed a broad range of bilateral relations and prospects of cooperation deepening, administration of Georgian government reported.

economics

IN 2022, NUMBER OF CONSTRUCTION PERMITS ISSUED IN GEORGIA INCREASED BY 7.2% AND PLANNED CONSTRUCTION AREA DECREASED BY 0.2%

Sakstat reported that there were 10,822 permits issued in Georgian construction sector in 2022, which number has increased by 7.2% compared with 2021.

Permits were issued for construction area of 7.42 million square m (year-on-year decrease – 0.2%).




IN 2023, POWER PLANTS WITH TOTAL CAPACITY OF 105 MW ARE PLANNED TO COMMENCE IN GEORGIA

Power plants with total capacity of 105 MW will be put in operation in 2023, the Georgian government declared. As the government noted, this is the highest indicator of commenced capacity in recent years.




WITHIN INTERNETIZATION PROJECT, FULL COVERAGE OF WESTERN GEORGIA’S TARGET AREAS IS PLANNED IN 2023

Within the internetization project, “full coverage of the target geographical areas of western Georgia” is planned in 2023, the Georgian government declared. From 2024, construction will be continued in eastern Georgia.




IN 2023, IT IS PLANNED TO CARRY OUT WORKS FOR GAS INSTALLATION IN UP TO 150 VILLAGES

In 2023, it is planned to carry out the works, necessary for gas installation in up to 150 villages, the Georgian government said. According to the plan, over 26,000 households will be given the opportunity to get a natural gas.




NBG: PREPARATORY STAGE OF DIGITAL LARI PROJECT IS NEARING ITS END

National Bank of Georgia (NBG) declared that the deadline for expressing interest by international and local fintech companies and financial institutions to cooperate within the digital lari project expires on February 15.

Thus, NBG concludes the 1^st (preparatory) stage of the project of introduction of the Central Bank’s Digital Currency (CBDC), announced on April 30, 2021.




REHABILITATION WORKS OF 47M LARI ARE PLANNED AT KUTAISI AIRPORT

The Georgian government announced about rehabilitation works, planned to conduct at Kutaisi airport in 2023, which total budget will amount to 47 million lari.

Within the project, designing of a new 3.5 km runway will be completed.

business

“EIB GLOBAL” ALLOCATES LOAN OF 28.8M LARI TO “CREDO BANK”

Georgian Credo Bank signed a loan agreement worth 28.8 million lari with EIB Global. The 5-year agreement targets support to micro, small and medium-sized enterprises in Georgia.