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A small but dynamic market, Georgia's services sector contributes roughly 65% of its GDP. With a GDP of \$18.9 billion (2022), the country offers promising opportunities in tourism, IT, and financial services. The sector employs approximately 1.8 million people, accounting for almost 59% of the workforce. Boasting a strategic location at the crossroads of Europe and Asia, Georgia is well-positioned to capitalize on its services market potential.
Georgia Services Government Procurement
The Georgian government actively engages in service procurement, allocating over \$2 billion annually. Key areas of focus include construction, healthcare, IT, and education. Procurement practices are governed by the Law of Georgia on Public Procurement, ensuring transparency and fair competition.
Main Services Products and Services Procured by Georgia Government
The Georgian government procures a diverse range of services, categorized into several key areas:
Construction: Infrastructure projects, public buildings, and road construction are commonly procured.
Healthcare: Medical equipment, pharmaceuticals, and healthcare services are essential areas of government spending.
IT: Software development, data processing, and cybersecurity solutions are in high demand.
Education: Educational materials, training programs, and technological solutions for schools are actively procured.
Professional services: Legal services, accounting, and consulting services are frequently utilized by the government.
Top Authorities for Georgia Services Procurement
Several key authorities oversee the procurement process for Georgia's government:
State Procurement Agency: The central agency responsible for implementing and enforcing public procurement laws and regulations.
Ministry of Finance: Provides oversight and guidance on public finances, including government procurement.
Electronic Procurement System: An online platform for publishing tender notices, submitting bids, and conducting procurement activities.
Top Winners of Georgia Services Procurement
Several prominent companies consistently win Georgia's government service contracts:
Geocell: A leading mobile network operator providing telecommunications services.
TBC Bank: A major financial institution offering banking and financial services.
Caucasus Online: A leading IT company providing software development and internet solutions.
GWP Group: A construction and engineering firm specializing in infrastructure projects.
Pharmadepot: A pharmaceutical company supplying medical equipment and drugs.
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