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Poti

New Maritime Academy opened in Poti, Georgia

11 mins read

The FINANCIAL — Approximately seven months ago, the site of this building was in ruins and no one could have imagined that in exactly seven months, it would be possible to begin the education process here, Georgian Prime Minister Giorgi Gakharia stated in Poti, during his address at the opening ceremony of the branch of the Batumi State Maritime Academy. The head of the government noted that Poti has always been Georgia’s maritime gateway and it will continue this mission in the future as well. According to him, all this is impossible without qualified personnel and that is why a…

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New Maritime Academy opened in Poti, Georgia

11 mins read

The FINANCIAL — Approximately seven months ago, the site of this building was in ruins and no one could have imagined that in exactly seven months, it would be possible to begin the education process here, Georgian Prime Minister Giorgi Gakharia stated in Poti, during his address at the opening ceremony of the branch of…

New textile factory in Georgia will create 3000 jobs

4 mins read

The FINANCIAL — Minister of Economy and Sustainable Development Natia Turnava participated in the ground-breaking ceremony of the Kartli Textile, which is a subsidiary of the Adjara Textile. Prime Minister of Georgia, Giorgi Gakharia, as well as the members of the Government and the representatives of the Business attended the ceremony held in Rustavi. ‘Made in Georgia’…

PACE Group Receives the First Tranche of Investment for Construction of the New Sea Port of Poti from DFC against the Background of Global Pandemic

4 mins read

The PACE Terminal is situated in the so-called New Sea Port of Poti. The project consists of two phases. The total investment cost of the first phase is $93 million, of which $50 million is provided by the United States International Development Finance Corporation (DFC). The latter sum constitutes the largest investment carried out by…