On December 16, in cooperation with MOLI, ISET organized a dialogue on “The Role of Leaders in Modernizing Georgian Agriculture”. The MOLI (Market Opportunities for Livelihood Improvement) project is implemented by the HEKS/EPER office in South Caucasus with the support of the Swiss Government.
Citizens of Georgia’s capital recently witnessed the luxurious Biltmore Hotel Tbilisi grand opening. A $140 million investment by the Dhabi Group supplied the market with 214 luxury rooms and suites. The $2 million opening, huge building, and central location (right on Rustaveli Avenue) made the appearance of this hotel on the market very noticeable.
The next energy revolution is on our doorstep, and it is going to be driven by renewable power generation technologies, which potentially allow for a much more decentralized power system and a less heavy network. Still, power transmission network projects worth USD 40 trillion are being financed through different state and private investments all around the world.
This project identifies sectors and subsectors of the Georgian economy which have a higher potential for growth and which the Georgian Government should prioritise when designing strategies to attract foreign investors and increase EU export levels post DCFTA.
Following the collapse of the Soviet Union, the Georgian nation went through a process of rapid disinvestment and de-industrialization. It was forced to shut down industrial plants, sending scrap metal abroad, and workers into subsistence farming. Hunger has never become an issue thanks to the country’s moderate climate and good soil conditions, yet inequality and associated political pressures rapidly reached catastrophic dimensions, unleashing cycles of violence, undermining the political order, and inhibiting prospects of economic growth.