Economy Minister reports to Parliament
Economy Minister reports to Parliament

Georgian Economy Minister and First Vice Prime Minister Levan Davitashvili on Wednesday reported to the Parliament of Georgia in the Minister’s Hour format.

Here are the main takeaways:

Large-scale energy sector reform is ongoing to maximize the country’s energy potential and ensure energy security.

In the next years, Georgia will build more than 1000 km of power lines and infrastructure.

The gasification project will provide natural gas to around 94% of Georgia’s population once completed.

The development of the digital hub was named as one of the priorities.

The modernization of the Georgian railway, which is expected to be finished in 2024, as well as the Baku-Tbilisi-Kars railway, which would” drastically” shorten freight transportation time between Asia and Europe, were highlighted in the report.

The Tbilisi International Airport project, which will also serve as a transit logistics centre, is one of the government’s major aviation infrastructure projects planned for 2024.

Tourism investments continue to expand. In 2023, 7.1 million overseas travellers visited the country, a 75.6% increase from 2019.