AGP Executive Report
Last update: 12 hours agoPublic Transport & Tenders: Tbilisi Mayor Kakha Kaladze says Turkish-registered joint venture EYE (Emre Ray + Yüksel + Erk) won the tender to build the tram line from Didi Digomi to the Didube metro station, with a 36-month completion timeline after an ADB procurement appeal period. Tourism & Finance: Galt & Taggart reports June tourism revenues rose 6.3% year-on-year to $485m, while first-half receipts slightly slipped to $2bn; the National Bank of Georgia also logged a record $7.1bn in international reserves (+51.9% y/y). Aviation & Trade Links: Direct flights between Tbilisi and Shanghai are set to start July 15, three times weekly via China Eastern Airlines, aiming to boost tourism and business ties alongside visa-free travel. Energy Sector: Telasi says it distributed 1.91bn kWh in 1H26 (+4.7% y/y) and grew subscribers to 833.4k (+4.5%). Urban Development: Tbilisi City Hall confirmed demolition of the “Rike Jugs” after issuing a permit, while Telavi faced major flooding after river overflow. Regional Connectivity: A UN-backed push for the Middle Corridor/CASCA+ highlights efforts to unify Central Asia–South Caucasus–Anatolia logistics and reduce route competition.
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