Annual Report Georgian Railway
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Regulatory and Procedural Barriers to Trade in Georgia: Needs Assessment
Regulatory and Procedural Barriers to Trade in Georgia Needs Assessment UNITED NATIONS ECONOMIC COMMISSION FOR EUROPE Regulatory and Procedural Barriers to Trade in Georgia: Needs Assessment United Nations New York and Geneva, 2018 2 Regulatory and Procedural Barriers to Trade in Georgia: Needs Assessment Note The designation employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers of boundaries. This study is issued in English. ECE/TRADE/443 UNITED NATIONS PUBLICATION Sales No.: E.18.II.E.26 ISBN: 978-92-1-117173-0 e-ISBN: 978-92-1-047321-7 Copyright © 2018 United Nations All rights reserved worldwide United Nations publication issued by the Economic Commission for Europe Foreword 3 Foreword Georgia has consistently followed a liberal trade regime, which is geared towards achieving the twin objective of creating efficiency gains for the business community and integrating the economy into regional and global value chains. In 2018, the Government was in the process of intensifying reforms, with a special emphasis on fulfilling its commitments under the Association Agreement with the European Union and the European Atomic Energy Community and their Member States. Aware of the complexities of these reforms and the steep learning curve they carry for enterprises, the Government has been pursuing a phased approach. Implementation of reforms is spread across several years, with those sectors requiring intensive support accorded priority treatment. -
Baku-Tbilisi-Kars: Regional
Baku-Tbilisi-Kars: Regional Implications and Perspectives Victoria Ariel Bittner Minavvar Ibrahimli CESD Press Baku, October 2018 Center for Economic and Social Development (CESD) Jafar Jabbarli 44, Baku, Az 1065, Azerbaijan Phone: (99412) 597-06-91 Email: [email protected] URL: www.cesd.az Abbreviations AGT Azerbaijan, Georgia, and Turkey BTC Baku-Tbilisi-Ceyhan BTE Baku-Tbilisi-Erzurum BTK Baku-Tbilisi-Kars CJSC Close Joint Stock Company CTC Caucasus Transit Corridor EaP Eastern European Partnership ENP European Neighborhood Policy EU European Union GUAM Georgia, Ukraine, Azerbaijan, Moldova JSC Joint Stock Company OBOR One Belt, One Road OSJD The Organization for Cooperation of Railways OTIF Organization for International Carriage by Rail NK Nagorno-Karabakh SMGS Agreement on International Goods Transport by Rail SOFAZ State Oil Fund of the Republic of Azerbaijan TRACECA Europe-Caucasus Asia Transport Corridor 1 Table of Contents Abbreviations ................................................................................................................... 1 Introduction ..................................................................................................................... 3 Literature Review ............................................................................................................. 4 Fiscal Analysis ................................................................................................................. 9 Economic Assessment of BTK Railway Project .............................................................. -
Fiscal Risks Statement
Fiscal Risks Statement State Owned Enterprises, PPP Projects, Natural Disasters December, 2020, Georgia General Overview of State Owned Enterprises Table of Contents Summary 1 SOE NEWS 1 Overview of the SOE Sector (Registry) 2 Profiles of the Major Enterprises : 5 Financing Received by the SOEs 14 Dividends Paid by SOEs 15 Lending Between SOEs 16 Non-Financial Transfers 16 Debt Management Policy of State-Owned Enterprises 16 Methodology on the Introduction of Best Practices for the Identification, Analysis and Financing Mechanisms of Quasi-Fiscal Activities 19 Forms of Quasi-Fiscal Activities: 20 Non-Commercial Service Obligations (NCSOs) 21 Current Practices 21 Impact of Quasi-Fiscal Activities on Financial Results of SOEs 21 Overview of Financial Results of SOEs 23 Impact of COVID-19 on SOEs 28 Financial Results of SOEs 29 1. JSC Partnership Fund 29 1.1. JSC Georgian State Electrosystem(GSE) 32 1.1.1. LLC EnergoTrans 34 1.2. JSC Georgian Railway 36 1.3. JSC Georgian Oil and Gas Corporation 37 2. LLC United Water Supply Company of Georgia 41 3. JSC United Energy System SakRusEnergo 43 4. LLC Gas Transportation Company of Georgia 44 5. JSC Georgian Energy Development Fund 46 6. LLC Enguri HPP 47 7. LLC Tbilisi Transport Company 49 8. LLC Georgian Post 50 9. LLC Marabda-Kartsakhi Railway 52 Sensitivity analysis of SoEs 54 Introduction 54 The Objectives of the Sensitivity analysis 54 Results of the analysis 56 SOE Reform 65 What results should be expected from the reform? 65 SOE Reform Concept 65 Current Practices of Corporate Governance -
Marabda-Kartsakhi Railway” LLC Ministry of Economy and Sustainable Development of Georgia State Oil Fund of Azerbaijan Highlights
United Nations Economic and Social Commission for Asia and the Pacific Fourth Meeting of the Working Group on the Trans-Asian Railway Network Ongoing Railway Large Infrastructural Projects Gogita Gvenetadze Deputy Head of Transport Policy Department Ministry of Economy and Sustainable Development of Georgia 23-24, November, 2015. 1 Bangkok, Thailand Georgia - Country Overview Transport Network of Georgia 3 Objectives and tasks • Georgia’s integration into international transport networks • Improvement of transit potential • Development of logistics facilities and services • Supporting of development multimodal transport systems • Upgrading of transport infrastructure • Improving of safety conditions • Improving of interoperability of transport network Georgian Transport Infrastructure in the International Rankings Quality of Overall Infrastructure Quality of Roads Quality of Railroad Infrastructure Switzerland 1 UAE 1 Japan 1 Turkey 33 Turkey 40 Russia 26 Azerbaijan 47 Georgia 65 Georgia 33 Georgia 54 Azerbaijan 69 Azerbaijan 37 Armenia 61 Armenia 80 Turkey 49 Russia 74 Russia 124 Armenia 68 Libya 144 Timor 144 Albania 104 Quality of Port Infrastructure Quality of air Transport Infrastructure Netherlands 1 Singapore 1 Turkey 57 Turkey 34 Azerbaijan Azerbaijan 63 44 Armenia 72 Georgia 67 Russia 79 Russia 81 Georgia 84 Timor 138 Lesotho 144 Source: World Economic Forum, The 2014 Report Large Infrastructural Projects Construction of Baku-Tbilisi-Kars New Railway Modernization Project Railway Line Tbilisi railway bypass Project 6 Construction -
Baku-Tbilisi-Kars: Regional Implications and Perspectives
digitales archiv ZBW – Leibniz-Informationszentrum Wirtschaft ZBW – Leibniz Information Centre for Economics Bittner, Victoria Ariel Book Baku-Tbilisi-Kars Provided in Cooperation with: Center for Economic & Social Development (CESD), Baku This Version is available at: http://hdl.handle.net/11159/3331 Kontakt/Contact ZBW – Leibniz-Informationszentrum Wirtschaft/Leibniz Information Centre for Economics Düsternbrooker Weg 120 24105 Kiel (Germany) E-Mail: [email protected] https://www.zbw.eu/econis-archiv/ Standard-Nutzungsbedingungen: Terms of use: Dieses Dokument darf zu eigenen wissenschaftlichen Zwecken This document may be saved and copied for your personal und zum Privatgebrauch gespeichert und kopiert werden. Sie and scholarly purposes. You are not to copy it for public or dürfen dieses Dokument nicht für öffentliche oder kommerzielle commercial purposes, to exhibit the document in public, to Zwecke vervielfältigen, öffentlich ausstellen, aufführen, vertreiben perform, distribute or otherwise use the document in public. If oder anderweitig nutzen. Sofern für das Dokument eine Open- the document is made available under a Creative Commons Content-Lizenz verwendet wurde, so gelten abweichend von diesen Licence you may exercise further usage rights as specified in Nutzungsbedingungen die in der Lizenz gewährten Nutzungsrechte. the licence. Leibniz-Informationszentrum Wirtschaft zbw Leibniz Information Centre for Economics Baku-Tbilisi-Kars: Regional Implications and Perspectives Victoria Ariel Bittner Minavvar Ibrahimli CESD Press Baku, October -
Developments at Georgian Railway
Feature Developments at Georgian Railway Developments at Georgian Railway Teimuraz Gorshkov and George Bagaturia proposed in the 1830s when it was it was shipped to world markets. The last History of Georgian Railway realized that a railway from Poti on the major line between Georgia and Armenia Black Sea to Tbilisi (the capital of Georgia) was opened in 1899. Georgian Railway (GRW) Ltd. is located could carry a great deal of the trade Rapid development of Georgian industry in the South Caucasus at a key point on between northern Iran and Europe, and agriculture between 1924 and 1940 the ancient Silk Road between Europe and especially since it would be only half as was followed by construction of new Asia (Fig. 1). The Silk Road was more than long as a railway through Turkey. branch lines throughout the Georgian a trade route—it was a conduit for Construction of the first Trans-Caucasus regions. A connection with the Russian exchange of knowledge and culture that line started in 1865 and the first passenger railway network was begun during WWII contributed to the development of all train from Poti arrived at Tbilisi on 10 and opened in 1946 despite the war. countries in the region. Today’s GRW October 1872, marking the birth of GRW. Completion of the network between Baku, network has a similar function to the Silk The first trains covered the 310-km Tbilisi, and Batumi had a positive effect Road by serving as a transport artery journey in 15 hours. The next 20 years on the economies of Georgia and the linking the Black and Caspian seas. -
Regional Development Programme of Georgia 2018-2021 Table of Contents
REGIONAL DEVELOPMENT PROGRAMME OF GEORGIA 2018-2021 TABLE OF CONTENTS I. Executive Summary…………………………………………………………………………………………………………………………………………………7 II. Foreword……………………………………………………………………………………………………………………………………………………….………17 II.1 Introduction..............................................................................................................................................................................................................................17 II.2 Legal provisions......................................................................................................................................................................................................................17 II.3 Programming system ...........................................................................................................................................................................................................18 III.II.4 SituationThe institutional and trends framework with regard of regional to territorial policy................................ cohesion and ................................competitiveness................................…………………………………………………….........................................................2119 II.5 Donor support..........................................................................................................................................................................................................................20 III.1 General context .......................................................................................................................................................................................................................21 -
Eco-Migration in Georgia 1981 – 2006
Resettlement of Ecologically Displaced Persons Solution of a Problem or Creation of a New? Eco-Migration in Georgia 1981 – 2006 Tom Trier & Medea Turashvili ECMI Monograph #6 August 2007 1 RESETTLEMENT OF ECOLOGICALLY DISPLACED PERSONS SOLUTION OF A PROBLEM OR CREATION OF A NEW? ECO-MIGRATION IN GEORGIAN 1981 – 2006 ECMI Monograph #6 European Centre for Minority Issues (ECMI) Director Dr. Marc Weller Copyright © 2007 The European Centre for Minority Issues Applications for permission to reproduce or translate all or any part of this publication should be made to: ECMI Schiffbruecke 12 24939 Flensburg Germany ISBN 978-3-940532-00-8 The European Centre for Minority Issues encourages dissemination of its work and will promptly respond to requests for permission to reproduce or translate this publication. 2 Table of Contents INTRODUCTION................................................................................................................................................................... 4 RESETTLEMENT AND GOVERNMENT PROGRAMS.................................................................................................. 7 RESETTLEMENT UNTIL 1980.................................................................................................................................................. 7 ORGANIZED RESETTLEMENT OF ECO -MIGRANTS IN THE 1980 S ............................................................................................ 9 ASSISTANCE BY NON -GOVERNMENTAL STRUCTURES ........................................................................................................ -
The Georgian Road Map on Climate Change Adaptation
The Georgian Road Map on Climate Change Adaptation 1 Foreword The National Association of Local Authorities of Georgia (NALAG) has been implementing a USAID-funded Initiative “Institutionalization of Climate Change Adaptation and Mitigation in Georgian Regions (ICCAMGR)” since 2012. The program is designed to foster climate change adaptation measures in regions of Georgia through the institutionalization of climate change adaptation and mitigation at the local and national levels by building the capacities of local authorities. The Project is a flagship initiative that integrates environmental and climate change considerations into the agendas of the local authorities of Georgia. The Project envisages establishment of special units on climate change, environment and sustainable agriculture at the level of self-government to ensure the implementation of a broad range of statutory functions of local authorities in terms of natural resources management, spatial planning and sustainable development stipulated in the “Organic Law of Georgia on Local Self-Government” and sectoral legislation. The Georgian Road Map on Climate Change Adaptation is an important contribution of the efforts of NALAG and the ICCAMGR project. 2 The Georgian Road Map on Climate Change Adaptation Tbilisi, 2016 This Publication is made possible by the generous support of the American people through the United States Agency for International Development (USAID). The contents are the responsibility of NALAG and authors of the texts and do not necessarily reflect the views of USAID or the United States Government. 3 List of Contributors Merab Gaprindashvili Co-author of Sections 3.5, 4.5, 5.5; also The National Environmental Agency of Georgia provided consultation on the relevant parts of the following sections: 3.1.2, 3.5.2, 3.6, 4.6.2 Emil Tsereteli, PhD. -
Samtskhe-Javakheti Regional Development Strategy 2014-2021
SAMTSKHE-JAVAKHETI REGIONAL DEVELOPMENT STRATEGY 2014-2021 TBILISI 2013 CONTENTS I. OVERVIEW 5 II. SOCIAL DEVELOPMENT OF THE REGION 6 EMPLOYMENT AND SOCIAL CONDITION 6 HEALTHCARE 7 EDUCATION 8 III. ECONOMIC DEVELOPMENT OF THE REGION 9 NATURAL RESOURCES 9 Economy (ExcEpt for agriculturE) 10 agriculturE 12 IV. INFRASTRUCTURE 15 V. ENVIRONMENTAL PROTECTION 17 VI. Factor analysIs oF the regIon (sWOT) 19 VII. REGIONAL DEVELOPMENT STRATEGY: VISION, TASKS AND ANTICIPATED RESULTs 23 Vision for thE rEgion’s dEVElopmEnt by 2021 23 targEts, tasks and anticipatEd rEsults 23 4 REGIONAL DEVELOPMENT STRATEGY I. OVERVIEW samtskhe-Javakheti is a region in thes outh-East of georgia. it includes three historical provinces – samtskhe, Javakheti and tori. the region borders with adjara, guria, imereti, shida kartli, kvemo kartli, armenia and turkey. its area is 6,421 m2. population density is 32 people per 1 m2. there are six self-governing districts in the region – akhaltsikhe, adigeni, aspindza, borjomi, ninotsminda and akhalkalaki municipalities. the regiona centre is the city of akhaltsikhe, which is the seat of the governor’s administration. the region comprises 353 settlements including five towns: akhalkalaki, akhaltsikhe, borjomi, Vale, ninotsminda; and seven townlets: bakuriani, bakurianis andeziti, tsagveri, akhaldaba, adigeni, abastumani, aspindza; and 254 villages. the region has a faborable geopolitical location.i t is bordered by turkey and armenia which creates prom- ising conditions for trade, economic and cultural relationships with these neighboring countries. the Baku-tbilisi-ceyhan oil pipeline, the Trans-caspian Gas pipeline, and the Marabda-akhalkalaki-karsi railway pass through the region. as of January 2013, the population of samtskhe-Javakheti totaled 213.5 thousand1, which is a little less than 5% of georgian population. -
EPI Economic Competitiveness Analysis of the Caucasus Transit
COMPETITIVENESS ANALYSIS OF THE CAUCASUS TRANSIT CORRIDOR IMPROVING TRANSIT POTENTIAL FOR CENTRAL ASIA – EUROPE TRAFFIC Tuesday, September 04, 2012 This publication was produced for review by the United States Agency for International Development. It was prepared by Deloitte Consulting LLP. COMPETITIVENESS ANALYSIS OF THE CAUCASUS TRANSIT CORRIDOR IMPROVING TRANSIT POTENTIAL FOR CENTRAL ASIAN – EUROPE TRAFFIC <FINAL> USAID ECONOMIC PROSPERITY INITIATIVE (EPI) CONTRACT NUMBER: AID-114-C-10-00004 DELOITTE CONSULTING LLP USAID/CAUCASUS TUESDAY, SEPTEMBER 04, 2012 DISCLAIMER: The author’s views expressed in this publication do not necessarily reflect the views of the United States Agency for International Development or the United States Government. COMPETITIVENESS ANALYSIS OF TRANS CAUCASUS CORRIDOR DATA Author(s): Thomas Kennedy Reviewers: Vakhtang Marsagishvili, EPI Transport & Logistics Manager Alan Saffery, EPI Manufacturing & Service Component Lead Name of Component: Manufacturing & Service Component Practice Area: Transport and Logistics Key Words: transit traffic, infrastructure, transport efficiency, Trans Caucasus, Georgian Railway ECONOMIC PROSPERITY INITIATIVE (EPI) i COMPETITIVENESS ANALYSIS OF TRANS CAUCASUS CORRIDOR ABSTRACT At the present time the Caucasus Transit Corridor (CTC) plays a relatively minor role in the movement of non – oil cargo between Central Asia and Europe; the preferred route is via Russia and the Baltic ports. Some reasons for this include the erratic operation of Caspian Sea ferries linking Baku with Aktau and Turkmenbashi, lack of “transparency” of port charges and customs fees in Baku, inadequate warehousing at the port of Poti for some commodities and “established” relationships with the traditional transport route providers on the route through Russia and the Baltic Sea ports. This report investigates the comparative transport charges and service provided by the CTC with the Russia/Baltic corridor as well as through the Ukraine and the southern routes through Turkmenistan and Iran. -
Annual Report Georgian Railway
2018 Annual Report G Georgian Railway A Message from the Chairman Chairman of Supervisory Board Konstantine Guntsadze I am proud to present the Annual Report for 2018, on the seventh year in which I have had the privilege of being tasked with chairing the board of one of Georgia’s most strategically important companies. JSC Georgian Railway plays a significant role in the country’s economy and in maintaining strong economic relations between Georgia and its partner countries in the Caucasus and the Central Asia region. In the past three years, the Group has faced some difficulties in terms of its financial results due to downturns in cargo volumes, but it nevertheless maintains reasonable liquidity levels. The Management, along with its highly competent and dedicated team of about 13,000 people, is working hard in many areas to overcome the latest challenges. I believe that the development of infrastructure in the region through projects like the Baku-Tbilisi-Kars railway, Anaklia Deep-Sea Port and Shah Deniz gas field will have positive effects on the transported volumes by the Group and thus improve its operating results in the coming years ahead. 2 A Message from the General Director General Director David Peradze I was appointed as the General Director of JSC Georgian Railway in late 2017. Firstly, let me say that this is a great pleasure for me to lead one of the most successful companies in Georgia. Positive effects have been achieved in various areas of the Group’s activities. Specifically in 2013, Georgian Railway entered the freight forwarding business resulting in additional value for the company.