The government has selected the

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The price of gold has increased sharply over the past year, which means that the gold in foreign exchange reserves is worth $100 million more than it was worth at the time of purchase. In addition to monetary gold, this year the NBG also traded in gold certificates and gold bars, selling $45 million worth of bars on the local market in this way.


Chinese consortium CCCC to implement the Anaklia Deepwater Port project. The Georgian government named the Chinese state-owned corporation CCCC as the preferred bidder in the international competition announced new zealand business fax list in May 2024 to select an investor for the Anaklia Deepwater Port. It was the only one to submit a full investment proposal to the state, as MSC subsidiary TiL, which was in the final stage of the competition, did not submit a proposal.


Based on this, CCCC was named the preferred bidder, which has been sanctioned by the US since 2020 due to the construction of artificial islands in the South China Sea for China's benefit, and American companies are prohibited from conducting financial transactions with it. Minister of Economy Levan Davitashvili stated that work is currently underway with the company to refine the investment proposal, only after that an investment agreement can be signed with the company.