
,,I would like to share some interesting data with you about the railways. In the last 11 years, the net profit of Georgian Railways has increased by 300%. In 2012, the profit was 97 million GEL, and last year it was 400 million GEL, - Prime Minister of Georgia Irakli Gharibashvili announced this while presenting the 2023 report on the government's work.
According to the head of the government, this is a concrete result of the work of the railway.
"The total revenues of the railways have also increased; it was GEL 675 million last year. I would also like to tell you that the revenues from freight transportation have also increased by 38% and amounted to GEL 617 million.
Of course, the railway modernization project continues, which is almost in the completion phase. In 2024, the railway modernization project will be completed, and as a result, the capacity will expand from 28 million tons to 48 million tons.
We have also started reforming domestic road passenger transportation this year and we want to complete this reform in 2024-2025, as a result of which, of course, the quality of passenger transportation services will improve. Creating a competitive environment and raising the level of security is one of the main goals of this reform.
In the regions, we actively started purchasing modern, Euro-5 standard buses, this year we have already bought 150 buses, garbage trucks, etc. Other smaller buses are also planned to be purchased. We want to completely replace these buses, minibus taxis and our citizens travel by comfortable transport", - Irakli Gharibashvili said.
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One US dollar trades at GEL 2.7050
01/08/2025