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Armenian-Georgian business forum aims to strengthen economic ties
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Author: By Ia Natsvlishvili
The Armenian business commission, headed by Deputy Economy Minister Robert Harutyunyan, as well as representatives of the Armenian Development Agency (ADA), traveled to Georgia on April 21-22 to attend the Armenian-Georgian business forum.
According to the Union of Manufacturers and Businessmen (Employers) of Armenia, the forum will help strengthen economic cooperation between the two countries.
Agriculture and processing, IT, chemical industry, transport, pharmacy, construction, jewelry, textile industry, tourism and hospitality and engineering companies sent their representatives to Georgia. In total, about 40 Armenian companies participated in the forum and made presentation on their services and goods. The delegation’s members held meetings with representatives of Georgian companies to seek future cooperation ties.
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Tbilisi keeps bid for regional logistic hub
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Author: By Tamar Khurtsia
After years of planning and preparation, the Tbilisi Logistic Centre (TLC) project was launched. The first international Logistic Centre presentation was held in Tbilisi as a display of Georgia’s potential as a logistics hub for road, air and rail transportation.
Located close to the Avchala Railway Station in Tbilisi and lying on the Tbilisi Railway Bypass Project, a new railway route bypassing the central area of the city, TLC is planned to become a core for a multi-modal transport system in the Caucasus and serve as the main city logistics centre for Tbilisi and east Georgia.
The project was developed as a result of a joint venture between the German-based consulting and project management company TransCare AG, and TLC Property Management (TLCPM), a land owner and co-investor.
The budget of the project is $26-$38 million. 5% of the funding was secured from TransCare AG and 45% from TLCPM. The project has been supported by the U.S. Government’s Economic Prosperity Initiative (EPI) in terms of expansion, investment facilitation and consulting.
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Keep Cool this summer with LG’s new model air conditioners
LG’s brand Inverter V and Titan Series air conditioners are available in Georgia
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Author: By Ani Sabanadze
LG Electronics (LG), a global leader and technology innovator in consumer electronics, mobile communications and home appliances, unveiled its newest HVAC technology in Georgia with the launch of the Inverter V and Titan Series air conditioners at the presentation at Sheraton Metechi Palace on April 26.
The Inverter V series includes the flagship model, the Artcool Inverter V, and the more affordable and compact Econo Inverter V. Along with its powerful performance, the Inverter V series have been designed to enhance consumers’ quality of life through energy efficiency, upgraded healthcare features and stylish design.
“The tariff for electricity is going up so we decided to create energy efficient air conditioner models such as the Inverter V series and Titan Series,” said Won Y. Park, Middle East, Africa and Asia regions Manager at LG Electronics.
“Georgia is the first country in the Caucasus region where LG introduced its Inverter V and Titan series to local customers and we hope it will be appreciated by Georgians,” he noted.
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Czech Business forum in Tbilisi
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Author: By Ia Natsvlishvili
Representatives of the Czech business community are looking for opportunities to invest in Georgia. In search of establishing important links with Georgian companies as future partners, they attended the Czech-Georgian business forum on April 23.
The Czech business delegation included businessmen from agriculture, distribution, industrial, construction, and the consultancy and finance sectors. The goal of the forum was strengthening bilateral cooperation between Czech Republic and Georgia. About 20 Czech companies took part in the Business Forum.
The welcome speech was delivered at the forum by Milan Stech, the President of the Senate of the Parliament of the Czech Republic and Davit Bakradze, the Speaker of Georgian Parliament.
“The Czech Republic is Georgia’s successful partner in economics,” Bakradze said, “I hope that this event will give [us]an opportunity to see more Czech money here and more Georgian exports there.”
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Chateau Mukhrani opened wine studio in Meidani
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Author: By Lika Moshiashvili
Chateau Mukhrani, one of the leading wine companies in Georgia, opened its first wine studio on Samgebro Street 6, Meidani Square, in old Tbilisi. At the opening ceremony Petter Svaetichin, Director and CEO of Chateau Mukhrani, noted that each visitor will have the opportunity to taste and purchase super-premier class wine, learn the traditions of Chateau Mukhrani wine-making, and learn about Georgian history and culture.
At the Chateau Mukhrani wine studio, visitors will be able to view photo and video data, interesting publications and wine accessories. “We do not want this to be a place where costumers come like they would go to Goodwill just to buy a wine. Our guests will have an opportunity to attend wine master-classes as well,” Svaetichin told Georgia Today.
“This idea to open a wine studio has been with us for more than two-years and construction has been going on for nine months. Because we are in old Tbilisi it takes time to get the necessary permission to make sure it does not destroy the overall image,” explained Petter Svaetichin. According to him, the old part of Tbilisi, particularly Mediani with its values, beautiful buildings and many tourists, is very suitable place for the Chateau Mukhrani brand.
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The Local Economic Development Forum discusses visions of the ‘Cities of Tomorrow’
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Author: By Tamar Khurtsia
The Local Economic Development (LED) forum has become an annual tradition for connecting cities worldwide and an impressive example of sharing and developing innovative, sustainable urban solutions that produce coherent and smart planning ideas addressing infrastructure, transport and business development needs. This year’s forum, the sixth in the annual event’s history, became an exclusive and premier global platform for government leaders and industry experts to address liveable and sustainable city challenges, share integrated urban solutions and forge new partnerships.
On global experience sharing sessions in the two-day forum held at the Radisson Blu Iveria Hotel, national and international experts from the private and public sector, as well as from civil society, exchanged ideas and experiences, and set goals for future cooperation and development. They looked ahead and developed visions of the ‘Cities of Tomorrow’ that are becoming increasingly important on all levels.
Before the forum started, the participants anticipated that the forum would be the place for the cities’ representatives to engage in the process of exchanging practices. Among them was Mohamed Elhaj Baballa Luana, the Mayor of Juba, a city in South Sudan, the newly established republic.
“The Republic of South Sedan gained independence 7 months ago and it is a great honor for me to be here in this forum,” he said. As the Mayor of Juba, Launa believes that a very small city will benefit from the years of good and progressive experience of Tbilisi.
Gigi Ugulava, the Mayor of the city of Tbilisi, opened the forum, and welcomed the attendees, indicating that the city of Tbilisi is setting ambitious objectives for becoming a more liveable city and generating economic growth. “We have implemented several projects to transform Tbilisi into a modern city. Cities are grounds for science and technology, for culture and innovation, for individual and collective creativity,” he said. “However, cities are also places where problems such as unemployment, segregation and poverty are concentrated.”
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