Georgia to build anchovy fishing boat in Turkey with support of Enterprise Georgia
The fishing boat will be built in Trabzon, Turkey. It will be equipped with modern technologies and a fishing net designed for fishing in the Black sea for the European Anchovy. Photo: Nino Alavidze/Agenda.ge.
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In order to support the fishing sector and increase the production of fish in Georgia, the export promotion agency Enterprise Georgia will fund the construction of a new fishing ship.
The first three-party memorandum has already been signed between Enterprise Georgia, TBC Leasing and the owner of the fishing ship.
The fishing boat will be built in Trabzon, Turkey. It will be equipped with modern technologies and a fishing net designed for fishing in the Black sea for the European Anchovy.
Businessman and fisherman Gocha Labartkhava will make use of Enterprise Georgia's financial support mechanism, as part of which the agency will co-finance the fishing ship's leasing interest rate for the first three years.
The total investment of the project is going to be 2.15 million GEL.
Labartkhava said that the yearly production of fish will exceed four tonnes. After initiating the fishing activities, the company will employ 18 people. Labartkhava is also planning to develop a fridge for storing European anchovies, which will allow him to export the product to Turkey during the low-supply months.
Supporting the fishing sector as a segment of the maritime industry is now one of Enterprise Georgia’s priorities.
Enterprise Georgia announced that fishermen today rent out fishing ships from other countries because Georgian ships are in dire conditions.
"Today, we have 30 fishing ships on which under 500 fishermen and sailors are employed. Due to the relatively dysfunctional ships existing on the local market, fishermen and sailors are not able to get properly retrained either", said the agency.
Permanent Representative of Georgia to the International Maritime Organisation (IMO) Tamar Beruchashvili joined the first global roundtable on financing sustainable maritime transport (FIN-SMART) today.
'Georgian maritime sector moving closer to Europe'
The Georgian Black Sea town of Batumi, which is home to the country's State Maritime Academy, is celebrating World Maritime Day today. EU Ambassador to Georgia Carl Hartzell marked the day and noted the European Union and Georgia have been working step-by-step to ensure that the Black Sea becomes a bridge 'that unites us and brings us closer together'.
Batumi State Maritime Academy will receive students in its Poti branch for the first time in 2021.
The Adjara region of Georgia has become a full member of the Conference of Peripheral Maritime Regions (CPMR) as well as the Commission on the Black Sea and the Balkans, announces the Government of the Autonomous Republic of Adjara.
Poti Maritime Academy, a branch of the Batumi Maritime Academy, has been opened in the Georgian port city of Poti which will be able to receive 1,000 students in 2021. Georgian Prime Minister Giorgi Gakharia said that about seven months ago, the site of this building was in ruins and no one could have imagined that in seven months, it would be possible to begin studies here.
Georgian children’s clothing brand Spilow is now exporting its products to France, Italy, Luxembourg, and Germany with the support of Enterprise Georgia, the export supporter agency of Georgia. Backed by the export support arm of Enterprise Georgia, Spilow has been able to attend an international showroom in Paris and Florence.
A new hotel with 18 rooms, two restaurants with traditional Georgian cuisine, a conference hall and open swimming pool, Sviana, has opened in the village of Lechuri in the Georgian wine region of Kakheti within the state programme 'Produce in Georgia'.
Enterprise Georgia has expanded its programmes from which investors can benefit. Georgian Economy Minister Natia Turnava stated earlier today that within the programme investors may receive land for symbolic 1 GEL ($ 0.3/€0.25).
Georgia has become a member of the World Association of Investment Promotion Agencies (WAIPA) through the application of Invest in Georgia, which is run by the country's export support agency Enterprise Georgia.
Georgia-made products that include Turkish raw inputs will be exported to the EU under the Free Trade Agreement as diagonal cumulation, signed between Georgia, EU and Turkey on March 20, 2018 is entering into force ‘in the nearest future’, announces the Ministry of Economy of Georgia.
The audit results of the International Port Security Programme shows that the United States considers Georgia a safe maritime trading partner, and the cargo and ships handled in Georgian ports are known to be safe in US ports, announces the Georgian Maritime Transport Agency.
The Georgian capital city of Tbilisi has hosted more than 100 Turkish entrepreneurs, potential investors and representatives of the country’s business community as part of the Turkey-Georgia Business Forum, held earlier today.