Translated with AI from the Russian original.

The Georgian government has approved new conditions for the privatization of state real estate through direct sale.

According to the Prime Minister's decree, which comes into force on January 12, 2026, only those who are willing to invest at least 100 million GEL ($37 million) excluding VAT in it, or already own real estate with similar investments and need adjacent land to expand infrastructure, will be able to buy state property.

This measure is designed not only for big business. According to the decree, real estate can be transferred to internally displaced persons and eco-migrants, used for the construction of energy facilities, water pipes and roads, as well as for resolving judicial and arbitration issues.

Thus, the new procedure combines commercial and social goals, regulating the direct sale of state property.

Now on the front page

Bank of Georgia received 11 international awards for AI and digital services

Bank of Georgia received 11 international awards for AI and digital services

The bank was recognized as the best in the world in AI and digital services for private clients

Remittances to Georgia fell by 10% in a year

Remittances to Georgia fell by 10% in a year

Receipts from Russia decreased by 80% amid sanctions

International Conference on AI Kicks Off in Batumi

International Conference on AI Kicks Off in Batumi

Participants will discuss AI, security, and digital governance

Global Tech Weekend expands: in 2027, the festival will be held in Baku for the first time

Global Tech Weekend expands: in 2027, the festival will be held in Baku for the first time

The calendar also includes Tashkent, Tbilisi, Astana, and Los Angeles

Georgia remained in fourth place among suppliers of used cars to Russia

Georgia remained in fourth place among suppliers of used cars to Russia

In August, the country sent 944 cars amid a decline in Russian imports

National Bank of Georgia to Receive Exclusive Right to Issue Digital Lari

National Bank of Georgia to Receive Exclusive Right to Issue Digital Lari

The bill enshrines the status of digital currency and prohibits using its issuance to cover budget deficits

Georgia Opens First TUMO Center: 1550 Teenagers Enrolled for Free Education

Georgia Opens First TUMO Center: 1550 Teenagers Enrolled for Free Education

The branch of the Armenian Center for Creative Technologies has started operations in Kutaisi, offering classes ranging from programming and robotics to generative AI.

Georgian Post Signed Agreement with Turkish Airlines

Georgian Post Signed Agreement with Turkish Airlines

Cooperation with airlines is expected to bring the postal service 4.4 million GEL in additional revenue, and the return of services from intermediaries another 14.2 million GEL annually

"Georgian Dream" will import electricity to Georgia without intermediaries

"Georgian Dream" will import electricity to Georgia without intermediaries

The new scheme for purchasing electricity from Azerbaijan should save the Georgian budget several million lari annually and will subsequently be extended to other countries

Fuel in Georgia crosses the 4 GEL mark: gasoline continues to rise in price

Fuel in Georgia crosses the 4 GEL mark: gasoline continues to rise in price

Over the past two days, some gas stations have again raised prices by 3-5 tetri per liter, and since the beginning of August, gasoline has risen in price to 42 tetri

Georgia is building a giant bridge 166 meters high

Georgia is building a giant bridge 166 meters high

The arch structure, over 400 meters long, will be part of the new Kvesheti-Kobi highway, which should make the key route towards Russia more reliable

Georgia and Turkey agree to implement new technologies in education

Georgia and Turkey agree to implement new technologies in education

Tbilisi and Ankara will expand experience exchange, launch programs for students and teachers, and jointly develop scientific projects