1st conference on public-private partnership held in Tbilisi

The first conference dedicated to public-private partnership is being held in Tbilisi today and tomorrow to discuss ongoing structural reforms carried out by the Georgian government to improve the decision-making process and good governance, as well as to increase the role of public-private partnership in reducing poverty.

Georgian Prime Minister Mamuka Bakhtadze said that the government is interested in attracting more investments for infrastructure projects, adding that the Georgian Public-Private Partnership Agency is a “unique platform” to achieve the goal.

Public-private reform, which is based on the best international experience, will be one of the most successful ones in Georgia,” Bakhtadze said.

Asian Development Bank (ADB) country director for Georgia Yesim Elhan-Kayalar says that ADB supports Georgiam reforms. Photo: government's press office. 

Bakhtadze urged the private sector to closely cooperate with the agency to use all the opportunities offered.

Asian Development Bank (ADB) country director for Georgia Yesim Elhan-Kayalar says that Georgia is becoming more and more attractive in terms of foreign direct investments (FDI).

The initiatives of the private sector, offered by Georgian or foreign investors, are successfully carried out in Georgia,” she stated.

Kayalar said that Georgia has a beneficial location which should be fully used.

She praised the Georgian government for drafting the policy for the public-private partnership back in 2015 which allowed the active involvement of the private sector in infrastructural and other projects.

We are glad to have had an opportunity to support the Georgian government efforts’s for public-private partnership since 2015,” Kayalar said.

Louisa Vinton, a representative of the United Nations Development Fund (UNDP) in Georgia, said that the UNDP welcomes the efforts of the Georgian government and its partners to strengthen public-private partnership in Georgia.