Sarke: newsletter of 15.10.2008

MCC TO ALLOT $100M TO GEORGIA

As Millennium Challenge Georgia fund (MCG) informs, American Millennium Challenge Corporation (MCC) is going to allot additional $100 million to Georgia. Corresponding agreement will be signed by the end of November, MCG says.

business

TRANSPORT ADMINISTRATION BANS EXPLOITATION OF EUROLINE’S TWO PLANES

As United Transport Administration of Georgia informs, terms of the air company EuroLine’s Tu-134 plane engine endurance, set by the engine producer, expires today.

Accordingly, the company will be prohibited to use the mentioned plane until it extends this term, the Administration announces.

JSC KAKHETI ENERGY DISTRIBUTION WAS NOT SOLD AGAIN

Property of JSC Kakheti Energy Distribution was not sold at today’s auction again (the sixth time).

As the company told Sarke, auction failed because of applications absence.

THREE NONLIVING AREAS WERE SOLD IN BATUMI

As Ajara Finance and Economy Ministry informs, LLC Orisi purchased three nonliving areas in Batumi today. The company, being the only participant of the auction, has to pay 4.2 million lari in the object, instead of starting price of 4.1 million lari.

NONLIVING AREA IS AUCTIONED IN KUTAISI

Georgian Economic Development Ministry announced auction on nonliving area (1,157.94 square m) with land plot in Kutaisi (Avtomshenebeli Str. 12).

society

CONSTRUCTION OF HOUSES FOR IDPS IN KARELI TO BE FINISHED BY NOVEMBER

As Georgian Economic Development Ministry informs, construction of houses in village Mokhisi (Kareli district of Shida Kartli region) for 58 families will be finished by November 15. At this stage, 32 houses are already built.

LAST WEEK REVIEW

privatization & investment

FOR THEY DO NOT KNOW WHAT THEY ARE DOING

It is known that power enterprises being natural monopolies are under constant rapt attention of the state that cares about its power security.

Georgian power system had not been fit to operate independently and for the past ten years of political independence the problem of natural gas and power supply has not been solved.

politics & society

THE WAR