A study of the Georgian tea sector’s competitiveness has been undertaken to reveal the potential for investment. The European Bank for Reconstruction and Development (EBRD) has been increasing its support for private sector development in Georgia which, alongside recent government reforms, is expected to improve the investment climate, giving further momentum to the EBRD's diversifying portfolio.
On December 3, ISET BA students visited the Georgian National Energy and Water Supply Regulatory Commission (GNERC). Revaz Geradze, Deputy Director of the Natural Gas Department, introduced the students to the mission of the GNERC and gave a presentation about the Investments Appraisal Rule, the objective of which is to develop the main principles and criteria for drafting, submitting, evaluating, approving and monitoring the investment projects for tariff setting purposes with regards to the electricity and natural gas sectors.
On October 2, 2018, Georgian Water and Power (GWP) opened a new hydropower dam in Bodorna (Dusheti region). The construction of the new dam started in December 2017, with the support of the Entrepreneurial Development Bank (FMO) and the German Investment and Development Bank (DEG), for a total investment of 10 million GEL.
On September 13, ISET hosted Farhad Taghizaden-Sesary, Professor of Economics at Waseda University, Tokyo, and Senior Assistant to the Dean of Asian Development Bank Institute. Dr. Taghizaden-Sesary delivered a lecture entitled Green Energy Finances.
Summer is a good time for traveling to the sea, but now I want you to join me in the journey in time. A memory from my childhood in the early 2000s was the discussion among people about the choice between “Khrushovka” and “Chekhuri.” Households were buying flats and making investments in real estate.