The FINANCIAL -- “We held a working meeting with the private sector, where we introduced implemented and scheduled reforms aiming at improvement of business and investment environments in the mining sector,” – the First Vice Prime Minister of Georgia, the Minister of Economy and Sustainable Development Dimitry Kumsishvili stated upon the completion of the working meeting with the representatives of the licensed operators in the mining sector.
The First Vice Prime Minister highlighted that the generation of such sectors as mines, property and energy under one umbrella within the framework of the Ministry of Economy and Sustainable Development will definitely have a significant synergy effect, according to Ministry of Economy and Sustainable Development of Georgia.
“We have made important reforms regarding the extraction of minerals. According to the amendments adopted at the previous meeting of the Government, the information stored in the State Funds on the deposits is available to the interested people without any kind of payment. The information will be available on the website in an electronic form in the nearest future and the costumers or investors will be able to filter the information by municipalities, certain mines and types of the mineral resources. It will significantly improve business opportunities allowing the operators to plan their own decisions and define investment directions,” – Dimity Kumsishvili said.