PM stresses importance of "proper" port, railway infrastructure in realising Georgia’s regional hub role
Georgian Prime Minister Irakli Garibashvili on Tuesday said while Central Asian countries agreed on the need to diversify and develop new routes, a “special attention” was paid to the transport corridor involving Georgia, in his highlighting of the importance of port, railway and other infrastructure for realising the country’s role of a regional hub. Photo: PM's press office
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Georgian Prime Minister Irakli Garibashvili on Tuesday said while Central Asian countries agreed on the need to diversify and develop new routes, a “special attention” was paid to the transport corridor involving Georgia, in his highlighting of the importance of port, railway and other infrastructure for realising the country’s role of a regional hub.
In his end-of-year summary of the Government’s work, Garibashvili noted his recent announcement on the search for a new investor for the construction of the Anaklia deep sea port on the Black Sea coast, with the infrastructure set to be 51 percent owned by the state.
He also noted the current limitations of the Poti and Batumi ports, and said the Government did not have “any leverage to make certain regulations in relation to tariffs or anything else”.
As for the railway, we have record-high revenues, with both the amount and volume of the transported freight also at record-high levels. We need to quickly complete the modernisation of the railways", he added.
Confirming 86 percent of the work of the Baku-Tbilisi-Kars railway project had been completed, he said the project would be officially launched in 2024 and facilitate passenger and good transport between Azerbaijan, Georgia and Turkey.
Garibashvili highlighted the task of transforming the country “not only into an energy and transport hub, but also into a digital hub which will connect Europe to Asia” as one of his team’s “main interests”. He said the Rothschild global advisory company had completed its work on the strategy for transforming Georgia into a regional financial hub.
Next year, we will already start the implementation of this strategy and plan, and we will report the results later", Garibashvili said.
The PM also mentioned a new information technology hub would be created in the former Parliament building in the western Georgian city of Kutaisi to promote development of the IT sector in the country.
"The hub will attract and employ young people working in the field of IT. Our Georgian students, young people will be supported in their development", Garibashvili said, adding “tens of millions of dollars" would be invested in the project.
Georgian Prime Minister Irakli Garibashvili on Monday said his Government expected an investment of $400-500 million in two of the country’s three major airports, located in capital Tbilisi and the western city of Batumi.
A new information technology hub will be created in the former Parliament building in western Georgian city of Kutaisi, Prime Minister Irakli Garibashvili announced at the Government meeting on Monday.
Georgian Prime Minister Irakli Garibashvili on Monday announced the Government was planning to “urgently” launch an international competition for selecting investors to complete the Anaklia deep-sea port on western Georgia’s Black Sea coast, adding the project would also involve state participation.
Kelly Degnan, the United States ambassador to Georgia, on Monday said the US was a “strong supporter” for construction of the Anaklia deep water port on Georgia’s Black Sea coast as the project could be a “very important contribution” to the country’s “orientation to the Black Sea”.
Georgian Prime Minister Irakli Garibashvili on Tuesday said his Government was “doing its best” to help develop the business sector in the country, citing 125,000 companies registered over the last two years as an example of his team’s pro-business stance.
Georgian Prime Minister Irakli Garibashvili on Tuesday highlighted the ₾3.3 billion ($1.22bln) budget for next year’s projects under the country’s Ministry of Regional Development and Infrastructure, in his summary of the Government’s work throughout the past year.
Georgian Prime Minister Irakli Garibashvili on Tuesday cited the country’s ranking at the top in International Budget Partnership’s 2021 Open Budget Survey, in comments highlighting his Government’s “openness and transparent work”.
The Ministry of Regional Development and Infrastructure of Georgia exceeded its approved 2022 budget by 103.5 percent, spending ₾104.1 million ($38.92mln) more than proscribed by the financial plan for the year, the state body revealed on Thursday.
Georgian Prime Minister Irakli Garibashvili on Thursday said the Anaklia deep-sea port on western Georgia’s Black Sea coast would be 51 percent owned by the state after its completion and an international competition to select investors would be announced for the remaining 49 percent, in his address at a panel discussion of the World Economic Forum in Davos.
A section of the Black Sea coastline in western Georgia’s port city of Poti will be restored in a $3.78mln effort to address its years-long washing out by the sea, the Poti City Hall announced on Wednesday.
Traffic flow at customs checkpoints across Georgia has increased "significantly", Georgian Finance Minister Lasha Khutsishvili said at an event dedicated to International Customs Day on Thursday.
Approximation of Georgian customs authorities with European Union conventions, use of new computerised transit systems and artificial intelligence were highlighted by Georgia’s Finance Minister Lasha Khutsishvili in comments on upcoming projects for the country’s customs service on Thursday.
Georgian Prime Minister Irakli Garibashvili on Monday said his Government's goal was to turn the country into a "true multidimensional regional hub", in comments at the World Government Summit in Dubai.
Georgian Railway on Thursday announced it was launching freight services offering car manufacturers to transport their products to Central Asian states.
The Ministry of Regional Development and Infrastructure of Georgia exceeded its approved budget by 110.1 percent, spending ₾43.8 million ($17.52mln) over the proscribed financial plan for the first quarter of 2023, the state body said on Thursday.