The European Bank for Reconstruction and Development (EBRD) is in search of new opportunities to further increase its support in 2019, said the Vice-President of the EBRD Pierre Heilbronn at the 16th Batumi International Conference.
He said that last year the EBRD made record high investments in Georgia, exceeding over €260 million.
Ninety per cent of investments implemented by the EBRD come to the private sector”, said Heilbronn.
He said that the EBRD will further support foreign direct investments in Georgia.
The Batumi 16th International Conference, dedicated to the 10th anniversary of the EU’s Eastern Partnership initiative has opened this morning with an “unprecedented number” of foreign guests, including the president of the European Council Donald Tusk, the Georgian Foreign Ministry reports.