Japanese Toyota Tsusho Corporation plans to invest in Georgia’s energy sector

Japan’s Toyota Tsusho Corporation has announced its plans to invest in Georgia’s energy sector.

During an official meeting with Georgian Economy Minister Natia Turnava, the Toyota Tsusho delegation expressed its special interest in the production of so-called green hydrogen.

Toyota Group has been present on the Georgian market for years. However, it is possible that this company will also become an investor in the energy sector, including the production of green hydrogen. Georgia is developing in this innovative direction and we [Georgia and Japan] think we will be able to implement a pilot program in Georgia”, Turnava said after the meeting.

The Ambassador of Japan to Georgia Imamura Akira said Toyota Tsusho, one of the largest trading companies in Japan, is interested in investing in Georgia, as a country which has the potential to be a partner in the field of renewable energy.

Imamura Akira has also noted the importance of the recently signed agreement on investment liberalisation, promotion and protection between the two countries, that aims to encourage investment flows from Japan to Georgia.

Toyota Tsusho Corporation operates in 120 countries and the world and has more than 66,000 employees.