
“In the format of the new strategy, we will work on increasing geographically and focus on East Asia and the Americas,” - the Minister of Economy and Sustainable Development of Georgia said.
According to the Minister, along with the European integration process, Georgia is becoming more interesting for European investors.
"It is important for us that the investments are quite diverse and do not cover one area, but also several directions of production, tourism, hotel infrastructure, financial sector, transport and logistics infrastructure, IT investments, etc. It is clear that our European integration process makes the country more interesting, first of all, for European investors. This is becoming a more predictable environment because the legislation is becoming closer to the European standards and the economic environment is more stable and acceptable for them.
Therefore, they make a decision to invest in Georgia. Also, we have very close cooperation with the Persian Gulf. In recent years, the dynamics has been particularly impressive. We signed a comprehensive economic cooperation agreement with the United Arab Emirates, which helps to protect investment incentives between them.
You know that Britain is one of the important sources of investments to us, because two of the most important financial institutions in Georgia are represented on the London Stock Exchange. Therefore, it is one of the most significant sources of investment. Both sectors and geography are diversified. In the format of the new strategy, we will work on increasing geographically and will focus on East Asia and the American continent," - Levan Davitashvili said.
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One US dollar trades at GEL 2.7050
01/08/2025