construction in Caucasus

 Armenia investors’ club to build large HPP

The investors’ club, which is founded by Armenia's Prime Minister Karen Karapetyan, plans to build a new hydroelectric power plant (HPP) in the country. The draft of the respective agreement was approved …

 Azerbaijan to produce rose oil

Azerbaijani President Ilham Aliyev has got acquainted with the rose oil producer factory of company AzRose, which is being constructed in Zagatala. The plant occupies a total area of 3 hectares. It will be allotted …

ADB to fund Georgian secondary roads project

The Asian Development Bank (ADB) will allocate $80 million to help improve the conditions of secondary roads in Georgia. An agreement aims at rehabilitating around 50km of road connecting Dzirula-Kharagauli-Moliti-Phona-Chumateleti, as …

Construction of Anaklia port starts on November 15

The first phase of construction of a deep sea port in Anaklia will start on November 15. "The beginning of construction work is scheduled for November 15. Preliminary work, within the framework of which the research was carried …

GDP of Georgia rises by 2.7%

The GDP of Georgia in 2016 amounted to $14.3 billion, exceeding the previous year’s figure by 2.7%, according to the information of the National Statistics Office of Georgia 'Geostat'. The GDP deflator was 4%. 9.9% of GDP …

Belarus to help building ice arena in Bakuriani

Belarus is ready to help Georgia to erect an ice arena and a biathlon stadium at the mountain ski resort Bakuriani, the Belarusian President Alexander Lukashenko said during the meeting with the Georgian President Giorgi …