The Minister of Economy and Sustainable Development of Georgia and the founder of Emaar Properties Corporation, Mohamed Alabbar, discussed the issues of the corporation's entry into the Georgian market and the possibility of implementing large investment projects. The meeting was held within the framework of Levan Davitashvili's visit to the United Arab Emirates. Deputy Ministers Mariam Kvrivishvili and Genadi Arveladze also participated in it.
At the meeting, the current trends of the Georgian economy and future development prospects were discussed; the members of the Georgian delegation also drew attention to the liberal tax system and attractive investment environment. During the meeting, the parties also reviewed the possibility of the Emaar Properties corporation entering the Georgian market and implementing large investment projects.
Emaar Properties is a multinational real estate development company that operates in many countries in Asia, Europe and North America and owns billions of assets worldwide, and Mohamed Alabbar is the owner of the world's tallest building - Burj Khalifa. As noted by the First Vice Prime Minister of Georgia, the entry of such a large corporation as Emaar Properties into Georgia will give an additional incentive to increase the awareness of our country, trust in Georgia not only in the Emirates, but also in the Gulf and other countries.
The founder of the Emaar Properties corporation emphasized that Georgia remains one of the most interesting and advanced destinations for investment, including in terms of trade, tourism and aviation. According to Mohamed Alabbar, this kind of cooperation will promote the relations between the two countries, as well as strengthen the trade-economic and investment cooperation.
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