Tbilisi mayor instructed to find new objects for privatization

2020/05/64505-1588839721.jpg
Read: 819     11:00     07 Май 2020    

Tbilisi mayor Kakha Kaladze instructed his Deputy Irakli Khmaladze to search for privatisation assets that will bring profit to the city budget and give new opportunities to the private sector. The mayor said this at a meeting of the city government.

Kaladze noted that the pandemic had a negative impact on the budget of the city government, so it is necessary to return at least to the situation that was before the introduction of the state of emergency in the country.

"Not only real estate and tangible assets, but also other assets of any type that can be privatized. This, on the one hand, will bring profit to the municipality, on the other-will increase the activity of the private sector, " Kaladze believes.

Since autumn 2019, the government of Georgia has been implementing the project "100 investment proposals for business", which provides for the simultaneous holding of one hundred parallel auctions and the privatization of state property under a simplified procedure.

The list of objects put up for auction includes real estate: industrial facilities, warehouses and farms, medical institutions, sports infrastructure, hotels, etc. As part of the program, the private sector has already purchased 50 state-owned facilities.

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Tbilisi mayor instructed to find new objects for privatization

2020/05/64505-1588839721.jpg
Read: 820     11:00     07 Май 2020    

Tbilisi mayor Kakha Kaladze instructed his Deputy Irakli Khmaladze to search for privatisation assets that will bring profit to the city budget and give new opportunities to the private sector. The mayor said this at a meeting of the city government.

Kaladze noted that the pandemic had a negative impact on the budget of the city government, so it is necessary to return at least to the situation that was before the introduction of the state of emergency in the country.

"Not only real estate and tangible assets, but also other assets of any type that can be privatized. This, on the one hand, will bring profit to the municipality, on the other-will increase the activity of the private sector, " Kaladze believes.

Since autumn 2019, the government of Georgia has been implementing the project "100 investment proposals for business", which provides for the simultaneous holding of one hundred parallel auctions and the privatization of state property under a simplified procedure.

The list of objects put up for auction includes real estate: industrial facilities, warehouses and farms, medical institutions, sports infrastructure, hotels, etc. As part of the program, the private sector has already purchased 50 state-owned facilities.

newsgeorgia.ge





Tags: