Prime-News was told at the Ministry of Environment Protection and Natural Resources of Georgia that 18 objects put out for auction are in Tbilisi, Kaspi, Khoni, Adigeni, Oni, Sagarejo, Dusheti, Gardabani, Mtskheta, Tskaltubo, Khashuri, Lanchkhuti, Kvareli, Gurjaani and Chokhatauri.
2 commercial banks and the NBG participated in the trading. In total deals worth $1 600 000 were concluded.
Nino Shaduri, Deputy Chair of the Public Relations Department of the Georgian Railway, told journalists that both the Georgian and foreign companies are welcomed to participate in the international tender.
The bidders may submit applications from October 22 to October 29 and they ought to be experienced in the construction of railways.
The winner company ought to accomplish the construction of the railway sector until October 01 2009.
2 commercial banks and the NBG participated in the trading. In total deals worth $1 600 000 were concluded.
Prime-News was told at the Ministry of Agriculture of Georgia about that.
According to the Ministry, Petre Tsiskarishvili, Ministry of Agriculture of Georgia, Director general of the project “AGVANTEGE” funded by the USAID and John F. Tefft, the US Ambassador to Georgia will attend the ceremony.
Prime-News was told at the abovementioned Ministry, buildings and 99222 square meters of land on territory of 4th brigade at the Defense Ministry of Georgia, situated in Kakheti cross. Company “Georgian property” bought the object USD 14 100 000. Initial price of the object amounted to USD 10 000.
“Vellajio” Ltd, purchased 100% of shares of “Borjomi trade center – 2005” for USD 200 000.Initial price of the object amounted to UD 190 00.
Revenue of the state budget from the auction amounts to USD 14 300 000.
According to the report, this year Georgia entered the top 25 most business friendly countries worldwide.
Zurab Noghaideli, Prime Minister of Georgia, stated that Georgia’s entering the list of the abovementioned countries means that the country is improving business environment annually.
“All reforms are preconditioned by a simple principle – reduction of interference into the private sector and maintenance of private entrepreneurship,” noted Noghaideli.
According to Noghaideli, this year Georgia implemented reforms in six of the “Doing Business” indicators – starting a business, dealing with licenses, registering property, getting credit, protecting investors and closing a business.
At the same time he stated that Georgia should continue reforms and succeed in this sphere.
Simeon Djankov, the leading author of rhr “Doing Business” report noted that when Georgia started major reforms three years ago, it was ranked 112th behind many of the countries in the region such as Armenia, Russia, Kazakhstan, Turkey. It moved up 95 positions since then, the only country to achieve such progress in a short term. And with that Georgia has laid a strong foundation for future business growth.
Georgia is ranked 18th in the “Doing Business 2008” report, elaborated by the WB and International Finance Corporation (IFC).
1 commercial bank and the NBG participated in the trading. In total deals worth $500 000 were concluded.
Tbilisi. October 12 (Prime-News) – The GEL’s rate in special trading on TICEX (Tbilisi InterBank Currency Exchange) on Wednesday, October 01 stood at 1.6460 GEL/$1, Prime-News was told in the public relations department of the NBG.
6 commercial banks and the NBG participated in the trading. In total deals worth $6 000 000 were concluded.
Prime-News was told at the Ministry of Economic Development of Georgia that the initial price of the building located in Abano Street
Prime-News was told at the Ministry of Economic Development of Georgia that the list of lots for privatization includes seven companies in Kakheti region with the initial price of USD 1.7 million; seven gas distribution networks in Samegrelo and Guria regions, with the initial price of USD 2 million; three companies in Kvemo Kartli, Shida Kartli and Mtskheta-Mtianeti regions, with the initial price of USD 3 million; six companies from the Imereti region with the initial price of USD 1.3 million; three companies in Adjara region, with the initial price of USD 2 million.
The deadline for the submission of bids is November 14.
According to the Ministry, an increased capacity for the distribution networks is one of the purchasing conditions.
6 commercial banks and the NBG participated in the trading. In total deals worth $2 100 000 were concluded.