The construction industry is the most rapidly growing industry in the Georgian economy. Construction in Georgia enjoys high rates of output and employment growth over the past few years, with the strong upward trend expected to continue. The construction field continues to attract increasing foreign investment and banks are continuously increasing their involvement in the sector. Construction companies operating in Georgia are working to meet a growing demand for new, modern living accommodations and office and industrial spaces that meet the highest standards.
Major reforms have been carried out in recent years to simplify the process of issuing permits in the construction sector. As a result, procedures are simplified; a "one-stop-shop" is responsible for issuing permits before a statutory time limit, after which silence means consent.
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