8,082 construction permits issued in Georgia between January-September
Geostat said 50.8% of the permits had been issued in the capital city of Tbilisi. Photo: Nino Alavidze/agenda.ge
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A total of 8,082 construction permits were issued in Georgia between January and September of this year, which marks an 8.8 percent increase year-on-year, the national statistics office of Georgia announced on Monday.
Geostat said 77 percent of the permits had been issued in four regions of the country, namely:
- Capital city of Tbilisi - 50.8%
- Mtskheta-Mtianeti region - 11.3%
- Kvemo Kartli region - 8%
- Imereti region - 6.9%
Permissions were issued for the construction of multifunctional residential complexes, hotels, trade facilities, industrial enterprises, agricultural objects and other buildings, the office also noted, adding multifunctional residential complexes had a particularly lage share in the overall figure.
In total, 1,843 objects (+7.9% y/y) were completed in the reporting period according to the statistics, with 38 percent of the completed projects located in Tbilisi, 11.6 percent in the central Mtskheta-Mtianeti region, 11.4 percent in the eastern Kakheti region and 9.2 percent in the western Imereti region.
The Construction Cost Index in Georgia increased by 13.6 percent in the fourth quarter of 2021 compared to the same period of the previous year, the National Statistics Office of Georgia (Geostat) announced on Thursday.
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