During his official visit to the United States, Levan Davitashvili, Georgia’s First Vice Prime Minister and Minister of Economy and Sustainable Development, met with Alfonso García Mora, Vice President of the International Finance Corporation (IFC) for Europe, Latin America, and the Caribbean.

According to the Ministry of Economy, the meeting focused on IFC’s ongoing and future initiatives in Georgia, with a strong emphasis on private sector development. Key areas of discussion included energy, industry, transport, regional connectivity, and the strategic Middle Corridor project.

The meeting was also attended by Georgian Finance Minister Lasha Khutsishvili, several deputy ministers from both the economy and finance ministries, and First Vice President of the National Bank of Georgia, Ekaterine Mikabadze.

Davitashvili praised the IFC’s role in supporting Georgia’s small and medium-sized enterprises (SMEs) through local banks and highlighted ongoing collaboration on large-scale projects in the energy sector, chemical industry, and mineral fertilizer production. He also noted the importance of new telecommunications infrastructure, underscoring Georgia’s readiness to attract private investment in this domain.

“We see vast potential for private investment in these areas,” Davitashvili stated. “The IFC’s involvement will help drive economic development, create jobs, and enhance Georgia’s global competitiveness.”