The FINANCIAL — Vice Prime Minister of Georgia, Minister of Economy and Sustainable Development of Georgia Dimitry Kumsishvili and the Minister of Industry and Trade of the Republic of Czech, Jan Mládek opened the Georgian-Czech Business Forum and delivered the reports in front of the representatives of the business sector of the two countries.
Representatives of the 31 Czech and 85 Georgian companies participated in the Forum. Czech participants were represented by the companies operating in the field of railway product and equipment production, banks and finances, transportation and logistics, information technologies, medical tourism, healthcare, pharmaceutical industry, construction, power-locomotive production, etc.
According to the Vice Prime Minister of Georgia, Minister of Economy and Sustainable Development of Georgia Dimitry Kumsishvili, every field of Georgian economy, which the Czech business representatives were interested to invest in, was discussed in details at the Forum. One of the topics of interest was the construction of brew house in Georgia.
“Private sector is the one that ensures economic development and contributes in the development of the country as well. Such events serve to development and deepening of the relations between the private sectors of the two countries. Over 30 Czech companies are represented here and some of them have certain investment proposals. Georgian companies have their offers as well and by the end of the event we expect to have successful deals between the representatives of the private business. There is a certain interest in establishing the breweries and brew houses in Georgia. At the same time, today, Georgian Air Navy (SAKAERONAVIGATSIA Ltd) has signed a contract with the Czech company on purchasing the flight watch duplicate system. This is another confirmation of the success of this Forum,” – Dimitry Kumsishvili stated.
Within the frames of the Forum a Memorandum was signed by the Georgian Chamber of Commerce and Industry and the Czech Chamber of Commerce, according to Ministry of Economy and Sustainable Development of Georgia.
A contract between the Georgian company SAKAERONAVIGATSIA Ltd and the Czech company ICZ on purchasing and installing the new flight watch duplicate system. According to the contract, Czech made flight watch duplicate system shall be installed at Tbilisi ATM regional center and replace the existing USA-made flight watch duplicate system whose lifetime expires by the end of 2016. Project amount to 1.5 million GEL and the ICZ shall provide installation itself.
B2B meeting which include 178 meetings between Georgian and Czech companies shall conclude the Forum.