The FINANCIAL — Inputting of foreign investments into Georgia and creating of new job sites lasts. In spite of World economic crisis, “RAK INVESTMENT AUTHORITY” intends extra investment of 65 million USA Dollars into the assets of Poti port. Arab company will continue the realizing of new investments in Georgia in future too.
On 2nd December, 2008, the agreement, concerning the investment of 65 million USA Dollars in Poti, was concluded between the Government of Georgia and the company.
150 years have been passed in 2008 since the establishment of Poti seaport. At the century-and-half this investor will build one more port in Poti. Parallel to the building of new port, free industrial zone will start functioning. It has been planned the investment of more than 200 million USA Dollars during 5 years, creation of 450 new factories and 20 000 new job sites in free industrial zone, situated at 300 hectares.
Ekaterina Sharashidze: “New port will be much more modernized and it will assist to the development of as the company, so economics of Georgia. In condition of economic crisis, which occurs in the World, it is especially important the fact, that the input of the investment into Georgia continues and new job sites are created.”
Khater Masaad, Head of the Committee of Directors of “RAK INVESTMENT AUTHORITY”: “We have realized many investments in Georgia during last three years and we are ready again to continue this process, namely, for the development of Poti seaport and free economic zone, that will be useful for both sides. By our mind, Poti seaport must become main collector and processing point, where the loads of the countries of the region will be piled up.
