Sectoral Economics and Economic Policy Committee discusses attracting foreign direct investment to Georgia

25/01/2022

20:46

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The meeting between the Sectoral Economics and Economic Policy Committee and the private sector officials focused on the challenges of attracting foreign direct investment and the development of the investment environment in Georgia. The meeting, chaired by the First Deputy Chairman of the Committee, Eka Sepashvili, was held within the framework of a thematic study launched by the Committee on "Foreign Direct Investment - Existing Challenges and Development Perspectives".

The workshop was conducted online through the Webex platform. It was attended by: the representatives of the International Chamber of Commerce, the EU-Georgia Business Council, the Georgian Business Association, the Georgian and Turkish Businessmen Association, the Georgian Tourism and Banking Associations, the Institute for Development of Freedom of Information (IDFI), the Policy and Management Consulting Group (PMCG), the ISET Research Institute, the Tbilisi State University.

The meeting participants discussed the problems they face in attracting foreign investment, including the politically secure environment, judicial reform, vocational education and the training of highly qualified specialists.

Eka Sepashvili, the First Deputy Chairman of the Sectoral Economics and Economic Policy Committee, summed up the meeting by saying that the parties had expressed interesting and important views, which will be reflected in the conclusion and recommendations of the thematic research.

The thematic research is supported by the Konrad Adenauer Foundation and in collaboration with the Center for Economic Policy Research (EPRC).

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