The FINANCIAL — “One of the goals of the Tbilisi Belt & Road Forum is to attract investors to the country and generate new jobs,” – the First Vice Prime Minister of Georgia, the Minister of Economy and Sustainable Development Dimitry Kumsishvili made a comment for the media representatives.
Dimitry Kumsishvili stresses on Sheikh Al Nahyan statement on the intention to double the investments in Georgia. “For today, he has already invested 150-200 million USD, which means that we should expect another 150-200 million USD investments only by this group,” – the Minister noted.
First Vice Prime Minister noted that there was an interesting discussion at the Forum regarding the investments and if how attractive the country is for the investments. “There were approximately 500 representatives of the private sector and I want to highlight that Georgia is a very attractive investment destination for many reasons including such high technologies as BlockChain as well as more traditional sectors like tourism.”
Dimitry Kumsishvili said that today he encouraged investors to participate in open tenders on provision of the logistic centers with total investment value of 170 million USD. The logistic centers shall be provided near Kutaisi and Tbilisi. “I should note that the Government is ready to handle up to 80 ha plot of land near Tbilisi and approximately 60 ha plot of land near Kutaisi to the investor and, at the same time, the Partnership Fund will also participate in those projects. By supporting those very important projects, we encourage investors to enter Georgia. In this attempt, we provide attractive business and tax environment as well as the special state programs such as Produce in Georgia and the relevant projects”– the Minister stated.