
As the Minister of Economy and Sustainable Development of Georgia, Levan Davitashvili, noted after the government meeting, the government of Georgia plans to reach an agreement with the Nenskra HPP construction company by the end of the year.
“The Korean state company K-Water has been selected, and the government is ready to support it if it is ready to implement the project and deliver tangible results within a new time frame. I hope the company will be ready to accept the conditions offered by the government and continue the project. It should be clearly defined in the contract that if the company fails to fulfill the conditions, then the government has full legitimate right to start the process of termination of the contract", - Levan Davitashvili stated.
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One US dollar trades at GEL 2.7160
11/07/2025