The CCIFG hosted its twelth General Assembly on November, 22nd !

Thursday, November 23, the President of the CCIFG, Antoine Bardon, as well as Natia Javakhishvili, General Director were happy to receive, at the Pullman Tbilisi Axis Towers hotel, the members of the Chamber for the meeting of the Board of Directors and the holding of the Annual General Meeting.

During the General Assembly, the 2023 activity report was presented, as well as the financial report.

It was an opportunity to look back on the highlights of the past year, from the European zone meeting of the CCI France international which was held at the beginning of February in Athens, to the seminar on corporate governance led by François Cottignies at the end of June, through the creation of the Committee of Women Entrepreneurs etc.

The CCIFG also had the honor of presenting its 9 new members, who were able to meet the rest of the assembly.

The members of the CCIFG renewed their confidence in Dominique Bayvet and Paata Moseshvili, re-elected to the Board of Directors.

The event ended with a dinner at the Dumas restaurant !

We would like to thank each of the members for their participation as well as the Pullman Hotel for organizing the event.

Sectors & markets

Tbilisi Investment Portfolio and Tbilisi Economic Development Strategy

28 June 2018

Infrastructure projects in Tbilisi.

Tbilisi Investment Portfolio and Tbilisi Economic Development Strategy

28 June 2018

On June 28, the Tbilisi City Hall introduced 7 investment projects in Tbilisi.

City Lighting project or LED lighting project

The City Hall will launch bids in order to replace old sodium light bulbs with LED lights (100,000 bulbs are concerned). The aim is to reduce the maintenance cost and to improve the lighting quality.

Current expenditure of street lighting: 6 530 00 USD

Expenditure for electricity: 3 265 000 USD

Cost of exploitation: 3 265 000 USD

The cost of substitution of street lighting with Energy Efficient LED light bulbs amount to 22 500 000 USD.

The winner will have an exclusive contract for 10 years.

The winner will be chosen on the criteria of the minimal exploitation cost of expenditures.

Parking projects

In order to improve the traffic in the city, the town hall is launching tenders for parking lots.

On one side there are 500,000 light vehicles registered, number that is growing yearly in average by 7% and on the other side there are too few modern parking infrastructures.

4 locations have been introduced. The land plot will be sold for the significant price of 1 lari.

Winner will be chosen on the highest offered bank guarantee for the construction period.

Location	Parking spots	Expected Investment	Allocated land plot
Varketili metro	70 vehicules	3,750,000 GEL	840 sq.m
Gegeshidze Park	175 vehicules	9,500,000 GEL	2250 sq.m
Tbilisi Central Railway Station	470 vehicules	20,000,000 GEL	5084 sq.m
Tbilisi Concert Hall	183 vehicules	9,750,000 GEL	2304 sq.m

Varketeli residential complex renovation project (near the East Point commercial center)

The project has the aim to transfer the ownership of 70 ha lands to an investor in order to construct new residential complex, where the inhabitants of dilapidated living blocks will be moved to.

The land will be also handed over for the symbolic price of 1 lari and the City Hall will by the mediator with the population.

Land developing area: 32.000 sq.m
Construction capacity: 60 000 sq.m
Estimated investment: 19 million USD

Construction of residential buildings for households affected by cooperative construction

The municipality will transfer land to an investor free of charge to construct residential complex for households affected by cooperative constructions.

Number of households affected: 3200 families
Number of active applications: 1700
Accommodation area affected for constructions: 136,000 sq.m (80 sq.m for each apartment, calculated for 1700 applicants)

Total construction volume: 970,000 sq.m
Cumulative investment volume: 300 million USD

The winner will be chosen based on the criteria of maximum amount of areas offered.