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Georgian Companies not Have Enough Qualification to Carry out Large-scale Projects

person access_time2017-09-12 11:49:03

An interview with the Head of Georgia’s Roads Department Giorgi Seturidze

Foreign companies are involved in the major infrastructure projects along with Georgian. Why the local companies can’t carry out projects on their own?

Mostly these are projects financed by international financial institutions, and many Georgian companies do not fully comply with their standards, for this reason we have to attract foreign specialists.

At the same time, as part of state orders financed by the Georgian government, we are trying to maximally involve  local business.

As for  small-scale  projects, our companies do not have any serious problems.

About 60% of funds spent on infrastructure projects are left in Georgia. The rest are spent on payments to foreign companies and import of various products - fuel, building materials, etc.

Why do not Georgian companies fully comply with international standards?

The main problem is the lack of experience, but it is gradually being solved, as local business is gaining experience. I hope that eventually they will reach a level they will be able to independently implement projects.

Quality is very important, as the projects are monitored and supervised by foreign engineers, and if the quality is not appropriate, the customer will not accept the project. Georgian subcontractors who are involved in such projects have already gained experience, and work with high quality. For example, the central highway which is being built very qualitatively.


Business Welcomes Initiatives of the Ministry of Infrastructure

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The Builders Association welcomes the Infrastructure Ministry’s initiative  to stimulate the involvement  of Georgian companies in state tenders. "Of course, Georgian companies cannot work forever in privileged conditions, but at this stage, when the industry of the country is in embryo, the government should promote its development," says  the head of the Association Anna Sabakhtarashvili. According to her, the winning companies will receive 10% more from...

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person access_time2017-09-19 12:25:21
In January-August 2017, the Black Sea region of Adjara was visited by 1,021,996 foreign visitors, which is 25% more than in the same period in 2016. The increase in the number of tourists also affected the attendance of tourist sites. For example, 160 259 people watched the Batumi Botanical Garden, which is 30% more than in the same period in 2016, the Batumi Dolphinarium - 143 885 foreign visitors, which is 14% more than in the same period of 2016. August was particularly...

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person access_time2017-09-19 11:50:55
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Pension Systems inon the Countries of the Region

person access_time2017-09-19 11:31:41
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person access_time2017-09-19 11:30:41
  Commercial banks earned GEL 114  953  959  from foreign currency  operations in the 1st  quarter of 2017. According to data for the first quarter of 2017, this figure was GEL 58,382,400, in the second – GEL 56.7 million. According to the reports of commercial banks, in the first quarter of 2017  TBC Bank has received  GEL 21, 3 million, Bank of Georgia – GEL  19, 1 million, while VTB Bank -  GEL 4, 5...

Georgia's Economy Grew 4,9% in the First Half of 2017

person access_time2017-09-18 16:35:10
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person access_time2017-09-18 14:33:16
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The Income of Wine Growers Amounted to GEL 60 Mln in Kakheti Region

person access_time2017-09-18 14:15:22
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person access_time2017-09-18 14:11:14
According to the candidate for Mayor of Tbilisi from the oppositional National Movement Zaal Udumashvili, GEL 235 million, including 137 million for salaries, bonuses and allowances, were spent on improving the welfare of the city mayor's officials within three years. According to the law on the city budget for 2017, the amount allocated to finance the authorities amounted to GEL 76.3 million which is 8 million less than in 2016. Of this amount, GEL 42.3 million were allocated...

Will Candidates for Mayors Solve the Problem of "Khrushchev-era Houses"?

person access_time2017-09-18 13:33:32
As municipal elections approach, candidates for mayors from various parties already express their opinion on a number of topical issues. For example, one of them concerns the fate of the Khrushchev-era houses in Tbilisi. Talks on this topic have been going on for a long time and there have been many promises to replace these obsolete houses with modern, but no one concrete step in this direction has ever been done. Candidate from the ruling party Kakha Kaladze stated that the...

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