What is the Georgian state selling for privatisation?

  • As of now, the initial price of the most expensive state-owned asset on the auctions is 35 million GEL ($11.8 mln/€10.7 mln). Photo: National Agency of State Property.

Agenda.ge, 29 Nov 2019 - 16:47, Tbilisi,Georgia

The Georgian state is selling about 130 state-owned assets at auction.

You can see the full list of buildings and land plots and recommendations for their use in this catalogue

As of now, the initial price of the most expensive state-owned asset on the auctions is 35 million GEL ($11.8 mln/€10.7 mln): non-agricultural land and buildings on it in Tbilisi, on Agmashenebeli Avenue.

The cheapest one is 10,000 GEL ($33,629/€30,528), the initial price for non-agricultural land in Gurjaani municipality, east Georgia.

You can see all auctions of the National Agency of State Property here.

The locations of state-owned assets, recommendations of their purpose and the location you can see here on the map.

The number of land plots and buildings are distributed for the following purposes as a recommendation:

  • For developers - 13 
  • Industrial/storage unit – 83
  • Medical/educational institution – 5 
  • Sports infrastructure – 1 
  • Hotels – 28 
  • Fishing/farming – 5 

In Tbilisi, there are 14 assets offered for privatisation. The other assets are located in different cities and regions.

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