On Tuesday, October 27th, ISET hosted Zurab Tchiaberashvili, former Mayor of Tbilisi, former Minister of Health and Social Affairs of Georgia, and current professor at Ilia State University. Mr. Tchiaberashvili delivered a presentation titled “Healthcare in Georgia: Challenges Ahead.”
The objective of the project is to analyze options for a private, Georgia-based company to expand its operations. ISET-PI was commissioned by MGeorgia, holding company of JSC ”Chateau Mukhrani” and “Georgian Wines and Spirits Company” Ltd (GWS).
The Georgian lari’s depreciation against the dollar has been a pressing issue for everyone: economists and policymakers, students, housewives, and even the good-for-nothing “birzhavik’s”.
As suggested by ISET’s most recent Consumer Confidence report, Georgian consumers are in no mood for shopping. And, yet, Tbilisi is abuzz with excitement about the recent lavish opening of East Point – a giant new shopping and entertainment center, the largest of its kind in the country. Thus, while consumer confidence is hitting new lows, the supply of retail space and world-class shopping malls continues to hit its highs.
Silk production, or sericulture, has deep Georgian roots, going all the way back to King Vakhtang Gorgasali, who not only founded Tbilisi in the 5th century A.D. but also introduced Georgia to silk (and silkworms), which he brought from India.