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Issue #569

08.07.11 - 14.07.11

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Korea’s Hyundai eyes Georgia

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Author:  By Nino Edilashvili

Hyundai E&C, a South Korean construction and engineering company, is interested in participating in road and railway projects in Georgia. The Georgian Regional Development and Infrastructure Ministry and the Korean company signed a cooperation memorandum in Seoul on July 6.

Su-Yu Lim, Vice President of Korean Hyundai E&C described the Georgian investment environment as being “healthy” and noted that they would enter into the Georgian market “in the near future.”

“Signing this memorandum shows that Korean investors will launch important projects,” Ramaz Nikolaishvili, Georgia’s Minister of Regional Development and Infrastructure said while visiting South Korea. According to the Ministry, Hyundai E&C plans to assign an official representative in Georgia which will be the first in the Caucasus region.

Nikolaishvili met with his Korean counterpart and made a presentation on Georgia’s business opportunities. The two sides discussed large-scale road and railway projects and outlined future plans. In addition, it was agreed that Georgian specialists will be trained in South Korea.

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Farmers testing new crop varieties, technologies for better life

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Author:  By Tamar Khurtsia

Irma Mushkudiani, 39, is from Okureshi, a Tsagerian village in the region of Racha-Lechkhumi and Kvemo Svaneti. Before 2006 she and her family lived in Kutaisi, Georgia’s second largest city, but they had to move back to Okureshi because their living conditions were difficult. The family experienced limited opportunities to make money and became trapped in a vicious cycle of poverty.

In order to feed her three young children, she and her husband bought a house in Okureshi with a 2,000 square-meter agriculture plot in hopes of cultivating the land and using harvested products to support their household. The family lives below the poverty line and 102 lari a month that they receive in aid from the Georgian government is their only cash income.

As part of the Strengthening Community-based Initiatives for poverty reduction in the Racha-Lechkhumi and Kvemo-Svaneti Region of Georgia (COMBI), a project implemented by CARE International in the Caucasus, Irma arranged two agriculture demonstration plots. On one nearly 100 square-meter plot of land she planted 10 kg of garlic plants and on another, she planted 35 apple plants.

“I heard there was a project giving plants to cultivate the lands. Initially I thought that more than 300 households live in our village community, and I would not be that lucky person to receive the plants. Fortunately, CARE provided plants to arrange the demonstrations plots to several households,” Irma told Georgia Today.

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Nikita Models enters the Georgian fashion business

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Author:  By Tamar Khurtsia

Nikita Models, an international modeling agency based in Ukraine, launched an operation in the Georgian fashion market aimed at building a business network consisting of fashion and glamorous Georgian models across the world modeling business.

“The Georgian models are featured with their individual beauty and we are confident that by the help of Nikita Models, the world’s leading fashion businesses will soon appreciate them,” said Igor Amirov, the President of Nikita Models at a press conference held at Tbilisi’s Courtyard Marriott hotel on July 6.

“Every new working experience makes the model grow professionally. That’s why we are establishing contacts with modeling agencies in fashion spots like Paris, Milan, London, Tokyo and NY,” Amirov said. “As for Georgian models, working in a foreign modeling agency is a unique experience that sets new standards.”

Amirov is confident that working with Nikita Models will not only allow a model to set up a competitive portfolio and become more independent, but also gain confidence in his/her future.

According to Tamusia Gelashvili, the Director of Nikita Models’ office in Georgia, to become a model for Nikita is very simple, the model has to register at the web page www.nikitamodels.ge and must upload a private photos onto the site.

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