Second phase of new Poti Seaport development to boost economic growth and regional connectivity - Economy Minister
“Today marks the beginning of the second phase of the development of the new Poti Port,” said Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili, at the ceremonial launch of the project.
According to the minister, the project is a direct and effective response to the growing demand for Georgia’s transport and logistics sector.
“This is a project that opens new prospects for the country’s economic development and the strengthening of regional connectivity. Over the past several years, the Middle Corridor has emerged as one of the fastest-growing international transport routes. Accordingly, the volume of cargo transported through Georgia has increased significantly.
It is noteworthy that during the first five months of this year, cargo volumes transported through the Middle Corridor increased by 21 percent, while the tonnage of vessels entering Georgia’s ports grew by 19 percent. Growth has been recorded across virtually all major directions, once again highlighting our country’s increasing role in regional and international logistics,” the minister stated.
According to Kvrivishvili, the additional USD 40 million investment is particularly important in this context, as it will significantly expand the capabilities of the new Poti Port.
“Once the second phase is completed, the port’s annual handling capacity will reach three million tons. Operational efficiency will improve, cargo processing will be accelerated, and this will have a positive impact on Georgia’s competitiveness,” she said.
During the first phase of the project, USD 93 million was invested and 360 jobs were created. At the current stage of development, an additional 50 people are expected to be employed.
The minister also expressed gratitude to the U.S. International Development Finance Corporation (DFC) for continuing to support Georgia’s economic development, as well as to PACE Group for transforming a private initiative into a successful project of national importance.
The ceremony was attended by Prime Minister Irakli Kobakhidze, U.S. Chargé d’Affaires Alan Purcell, DFC Managing Director Kenneth Angell, and PACE International President Ioseb Dolidze.
The event concluded with a symbolic capsule-laying ceremony marking the start of the project’s next phase.
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Surge in public interest as new portal compares deals on 13 essential household goods - Competition Agency Chief
29.06.2026.17:44
“Following the Prime Minister’s initiative and the findings of the Parliamentary Interim Commission Examining the Pricing Structure of Food Products, Medicines, and Fuel, our agency was tasked with consolidating the best retail market offers into a single information platform. Consumers can now review the top deals on 13 essential goods, including milk, sugar, pasta, chicken, and eggs,” announced Irakli Lekvinadze, Chairman of the Georgian Competition and Consumer Agency, regarding the newly launched information portal, www.ekalata.gov.ge.
Lekvinadze added that the website’s traffic surpassed 20,000 visitors on its very first day.
“The website www.e-kalata.gov.ge is an information portal that aggregates the best available deals on the core products of a typical family shopping basket into a single space.
Acting on the Prime Minister’s initiative and the conclusions of the Parliamentary Interim Commission Examining the Pricing Structure of Food Products, Medicines, and Fuel, an assessment of the FMCG [Fast-Moving Consumer Goods] sector was carried out. Short, medium, and long-term actions were identified to make the overall pricing chain more efficient, alongside measures to support market competition. Part of this short-term strategy involved supermarket chains presenting their best offers on staple food items to the public. This could mean a discount or simply the best standard price available within their respective network. I want to emphasise that ‘offers’ encompass both price reductions and the most competitive standard shelf prices.
Following this, the agency was instructed to host these supermarket deals on a digital information platform. Shoppers can compare prices on 13 everyday essentials, including milk, sugar, pasta, chicken, and eggs. A wider selection of products is also available across the site. Furthermore, a built-in comparison tool enables users to bundle items. Whether looking for the best overall deal on five, seven, or 12 products, users can instantly identify which supermarket chain offers their specific selection on the most favourable terms.
User traffic exceeded 20,000 visitors on day one. Naturally, public interest has been remarkably high. We receive this pricing data directly from the supermarket chains. Twelve networks are represented at this stage, and discussions are underway to onboard several more. These twelve chains, and the organised retail market in general, represent roughly 65 per cent of the entire FMCG market. This means these networks cover a massive market share, a share that continues to grow year on year,” Irakli Lekvinadze noted.