The FINANCIAL — Georgia’s seaside resort town Batumi, will be a networking platform for more than 150 professionals from the Caucasus region with an aim to discover new prospects of cooperation and investments in the country.
On September 18-19 Batumi will host the International Investment Forum Batumi 2015, with an aim to introduce and promote a range of investment opportunities in Georgia’s key economic sectors; energy, hospitality and real estate, logistics, manufacturing, agriculture and regional services.
The Forum is co-organized by the Government of the Autonomous Republic of Adjara, Georgian National Investment Agency and a real estate company Cushman & Wakefield | Veritas Brown. General Media Partner of the Investment Forum is The FINANCIAL newspaper.
The conference will be opened by the Prime Minister of Georgia Irakli Garibashvili and head of the Government of the Autonomous Republic of Adjara Archil Khabadze.
Local and foreign investors, regional and central government representatives, and business organizations will come together to discuss various topics, including investment projects, proposals, investment climate characteristics and expansion of the key economic sectors.
It is obvious that this specific and other similar investment forums, will lead to Georgia’s further economic success, and undoubtedly this shall assist global investors to enter the Georgian market, leading Georgia towards progressive development and vast economic success.
“Georgia has a fair, transparent and secure investment environment, a vast untapped potential in different sectors of the economy, excellent geographic location and free trade agreements with strategically important countries,” said Giorgi Pertaia, Director of the Georgian National Investment Agency. “But, still to this day, one of the main challenges for Georgia is awareness at international levels. This is why large-scale business events inside and outside the country are very important for attracting more companies to Georgia. With the help of the Batumi 2015 investment forum we aim to focus attention on the advantages and business opportunities in our country,” Pertaia said.
According to Pertaia, the Forum will bring together up to 150 business decision makers and investors from the region. “They will have direct access to the representatives of government, consulting companies and organizations providing access to finance and we are sure that this will be a productive platform for engaging investors from the wider region into some large and medium-sized commercial projects in Georgia,” Pertaia added.
Batumi, a booming destination for tourists and businesses from the whole region is a perfect location for introducing Georgia and its continuing success.
“In recent years, Batumi has become not only a major tourism center of the Black Sea region, but it’s also the most attractive investment destination. This has resulted in a growing interest towards the whole Adjara region from both foreign and local investors. The forum will provide potential investors with an opportunity to get familiarized with Georgia’s attractive investment environment, as the foreign direct investment (FDI) inflow is the main priority for both central and regional governments. The aim of the forum is to inform interested groups about the investment potential of the Adjara region, its leading economic sectors, and ongoing projects,” said David Baladze the Minister of Finance and Economy of the Autonomous Republic of Adjara.
The event’s main partner and co-organizer is a real estate consulting company Cushman & Wakefield | Veritas Brown.
“On behalf of Cushman & Wakefield | Veritas Brown, we fully support the initiatives to bring additional investments to Georgia and look forward to a successful business forum on September 18th,” said Steve Brown, Managing Partner at Cushman & Wakefield | Veritas Brown. “Meanwhile, attracting foreign direct investment (FDI) is one of the main priorities for Georgia. Thus, a flexible investment environment, tax and legislative benefits, simplified company registration procedures, liberalized manufacturing regulations and a positive approach to foreign investors is a big step forward for attracting FDI to Georgia,” Brown continued.
About the Event Programme:
September 18 forum agenda will include an opening session; presentations about doing business in Georgia and Ajara; Panel Discussion-Access to Finance in Georgia moderated by the EBRD’s Director for Caucasus, Moldova and Belarus, Bruno Balvanera; success stories of international companies already present in Georgia and private sessions with financial institutions and consulting companies. The first day of the event is expected to conclude the networking reception in Hilton Hotel Batumi.
September 19 will offer the participants an outing in the Batumi City and surrounding areas with a comprehensive guided tour introducing the current investment Greenfield and Brownfield investment projects.
During the two-day conference investors from the Caucasus region will learn about the investment potential of Georgia and establish communication with possible Georgian partners.