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Georgia boasts a rapidly growing infrastructure and construction market, valued at approximately $4.6 billion in 2023. The sector is driven by government investment, economic growth, and a strategic location at the crossroads of Europe and Asia. Key growth areas include transportation infrastructure, energy infrastructure, and tourism infrastructure. The Georgian infrastructure and construction market is expected to continue to grow in the coming years, driven by government investment, economic growth, and tourism development. The sector is also well-positioned to benefit from the country's strategic location as a transportation and logistics hub, connecting Europe and Asia.
The Georgian government plays a significant role in infrastructure procurement, accounting for a substantial portion of the overall market. Government procurement is guided by principles of transparency, efficiency, and sustainability. The government's Infrastructure Plan 2023-2026 outlines a significant investment of GEL 12 billion ($3.6 billion) in infrastructure projects over the next four years.
The Georgian government procures a wide range of infrastructure and construction products and services, including:
Transportation infrastructure: Roads, bridges, railways, tunnels, ports, and airports
Energy infrastructure: Power plants, transmission lines, distribution networks, and renewable energy projects
Water and sanitation infrastructure: Water treatment plants, wastewater treatment plants, water distribution networks, and sewage systems
Building construction: Residential buildings, non-residential buildings, and public buildings
Tourism infrastructure: Hotels, resorts, and tourism-related facilities
The key authorities responsible for infrastructure and construction procurement in Georgia include:
The Ministry of Regional Development and Infrastructure (MRDI)
The Roads Department of Georgia (RoAD Georgia)
The Georgian Railway (GR)
The Georgian Airports Association (GAA)
The Ministry of Economy and Sustainable Development (MED)
Major companies regularly securing infrastructure and construction contracts in Georgia include:
Archi Construction: A leading Georgian construction company with expertise in transportation infrastructure, building construction, and energy infrastructure
JSC Roads and Bridges: A Georgian state-owned company specializing in road and bridge construction
JV Kontraktor & KMC: A joint venture between Georgian and Turkish companies with expertise in transportation infrastructure and building construction
JSC Caucasus Infrastructure Project: A Georgian state-owned company responsible for implementing large-scale infrastructure projects
TAV Georgia: A subsidiary of Turkish construction and airport operator TAV Group with a strong presence in Georgia's infrastructure sector
These companies are recognized for their expertise, innovation, and commitment to sustainable practices.
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