• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

PM Meets with EIB Official, Discusses Importance of Support from Int’l Partners

by Georgia Today
February 2, 2021
in Business & Economy
Reading Time: 1 min read
PM Meets with EIB Official, Discusses Importance of Support from Int’l Partners

Today, February 2, Georgian Prime Minister Giorgi Gakharia held a meeting with Maciej Czura, the European Investment Bank’s (EIB) Regional Representative for the South Caucasus.

During the meeting at the Administration of the Government, the Prime Minister emphasized the importance of international financial assistance in effectively handling the COVID-19-related economic crisis and thanked the EIB for actively cooperating with Georgia’s public and private sectors alike.

The Head of Government singled out the fact of Georgia’s ambitious preparation for officially applying for full EU membership in 2024, with support from international development partners being key in this process.

The parties noted that the EIB is one of Georgia’s largest partners and sponsors per capita. Since entering the country, the bank has invested 1.48 billion euro in the governmental sector and a total of 2 billion euro in both state and private sectors, including in far-reaching road, energy, water, and other projects.

The conversation revolved around the revamping of Georgia’s road infrastructure and network with EIB support, encompassing the construction of the new 14.1-kilometer highway connecting Zemo Osiauri and Chumateleti and its connectors.

The meeting also pointed out the EIB’s cooperation with local banks to support innovative businesses, through the InnovFin agreement and the EU4Business initiative. The parties commended the EIB’s program seeking to secure access to financing for micro-entrepreneurs, women, youth, and rural residents, in order to promote the development of their financial engagement and long-term economic growth.

Tags: businessectoreconomyEIB
ShareShareTweet

Related Posts

Idram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Connecting Local Merchants with Global Digital Wallet Users
Business & Economy

Idram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Connecting Local Merchants with Global Digital Wallet Users

July 14, 2025
Economy Ministry: Mariam Kvrivishvili and Ilham Aliyev to advance new strategic projects
Business & Economy

Economy Ministry: Mariam Kvrivishvili and Ilham Aliyev to advance new strategic projects

July 11, 2025
Bretton Woods Conference, July 1944. Source: UN
Business & Economy

Economy as a Key Pillar of National Security: Essence, Trends, Challenges. Part 1

July 10, 2025

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

2 months ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

1 year ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

1 year ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

3 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

3 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

3 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

3 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

3 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Salome Zurabishvili Rejects Both Election Participation and Boycott as Futile Political Theater

The Point of No Return: Aslan Ismailov on Why Azerbaijan Is Done with Putin’s ‘Russkiy Mir’

Speaker: Today’s Brussels is all about confused values

Georgian PM: EP resolution shameful, EU bureaucracy must be held accountable

EP adopts resolution on Georgia, urging sanctions and new elections

Rasa Juknevičienė: I hope EU acts soon on sanctions against Georgian regime

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2024 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2024 © Georgia Today