Tbilisi, Georgia: A panel discussion “Georgia – Investment Crossing Point” was held within the framework of the “Tbilisi Silk Road Forum”. The discussion was opened with the speech of Georgian Prime Minister Irakli Kobakhidze.
As the Prime Minister noted, Georgia has one of the most attractive investment environments in the region, a country supported by business-friendly reforms, trusted policies, and strong institutions. A liberal trade regime, minimal bureaucracy, and effective customs services ensure smooth business operations.
The Minister of Economy and Sustainable Development, Mariam Kvrivishvili, talked about the attractive environment in Georgia and the government’s policy in this direction in terms of attracting investments.
According to his statement, when talking about investments in absolutely every sphere of the economy, the main focus is on the value of the project, the second is the process of renewing knowledge, and the third is the contribution to the country’s economy. Mariam Kvrivishvili emphasized the importance of each investment for Georgia, which will be made by both local and foreign businessmen.
“Georgia has a great desire to contribute to stability and development in the region. Our economy is growing quite fast – we have 9.6% economic growth compared to the same period last year, which means progress, and thus, Georgia is the leader in the region. Both governmental and business sectors have their role in this process. I want to tell you that Georgia is always among the most hospitable countries, which helps to attract investors,” said the Minister of Economy and Sustainable Development.
Eagle Hills founder Mohammed Ali Alabar, Galt & Taggart executive director Giorgi Kuprashvili, Trammo, Inc. senior vice president Oliver Stanton, and Eksim Holding board chairman Ebubekir Tivnikl took part in the panel discussion. They talked about the important factors that make Georgia a promising and interesting country to invest in.
“We are comfortable with the environment, atmosphere, field policy, history, and reforms that Georgia has. In the end, everything is related to economic growth parameters and the positive indicators that Georgia has. 9% of the economy, even 7% growth is a very good example – the EU should learn from this, their economic growth is much less,” Alabar noted.
According to him, in terms of attracting investments, the leadership of the country and the field policy have great importance. “It is a great honor for me to have a relationship with Georgia with strong, wise, and stable leadership. The country has attracted wealthy people who are here seeking and finding peace, stability, good healthcare, education, etc. So we must all unite and support this strong, sensible leadership in the country. I am happy that Georgia entrusted the “Iagle Hill Georgia” project,” Mohammed Ali Alabar noted.
