"The GEL depreciation is risky for the sector, as the incomes are mostly in the national currency, while some of the expenses (material, loan, leasing) are in a foreign currency,'' reads research by TBC Capital.
Following the organization, the economic activity will partially resume from March; large infrastructure projects will last.
The research reads that the resumption of activities is a stimulus for the economy, but risks of obstacles and delays remain high.
Following the document, obstacles are more projected in the private sector in newly-launched construction processes.
"Construction largely depends on sales, and the dependence provides a risk,'' the report says.
Bela Gelashvili
News Author