Davos 2016: Arabian company expresses interest in Georgia’s hospitality, trade industry
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An Emirati holding company based in Dubai plans to expand its investments in Georgia.
Company officials from Majid Al Futtaim holding expressed interest in investing in Georgia’s hospitality and trade industry.
This new was revealed today in Davos, Switzerland at the World Economic Forum during an official meeting between Georgia’s Prime Minister Giorgi Kvirikashvili and Majid Al Futtaim company representatives.
The Arab company will cooperate with Georgia’s state-owned shareholding company the Partnership Fund (PF) while carrying out its investments in Georgia.
Earlier today in Davos the Georgian PM met Jean-Yves Charlier, chief executive officer of VimpelCom, which is one of the world’s largest integrated telecommunications services operators.
Mayor of Tbilisi Davit Narmania is on an official visit to Slovakia to inform investors about the opportunities of the new Eco Green City project in Georgia’s capital Tbilisi.
Georgia’s Prime Minister Giorgi Kvirikashvili has met president of the European Bank for Reconstruction and Development (EBRD) Sir Suma Chakrabarti in Davos, Switzerland within the World Economic Forum.
Georgia "effectively” implements the European Investment Bank’s (EIB) operations, said the bank’s president Werner Hoyer while meeting Georgia’s Prime Minister Giorgi Kvirikashvili.
A working group from the US investment agency Washington State Investment Board (WSIB) is planning to visit Georgia to explore the investment opportunities in the country.
Indian holding Tata Sons plans to expand its investments in Georgia. Company officials expressed interest in investing in Georgia’s hospitality industry.
Oil and gas company British Petroleum (BP) will invest $150 million USD in Georgia to modernise certain sections of the Baku-Supsa pipeline and improve ecological standards.
Global financial institutions will help Georgia fulfill its ambitious reform agenda. Georgia’s Prime Minister was promised the international support at Davos, Switzerland, where world leaders participated in the World Economic Forum.