The Georgian Economy Minister Levan Davitashvili said quality foreign direct investments could enhance the country's competitiveness, in comments during the opening of a renovated citrus plant of Iberia Orbi in the Black Sea town of Kobuleti, which received a Georgian-Slovakian investment of over €3.5 million.

He said the company had “extensive” experience and could contribute “knowledge, qualifications, and expertise” to the region, adding the business had “all the necessary prerequisites” for successful continuation, including “full support” from central and local authorities for the investments to be successful.

"This is a very promising start. We may see the establishment of a modern and competitive new enterprise, which will have great potential for development. This includes not only revitalizing the enterprise but also further expansion, such as launching new production lines”, - Davitashvili said.