Bloomberg: “Georgia Seeks Davos Investors to Boost Economic Growth”

“Georgia lacked long-term capital, this is why we will start a new sovereign wealth fund in February."
Agenda.ge, Jan 24, 2014, Tbilisi, Georgia

Georgia’s economic prospects, Prime Minister Irakli Garibashvili’s visit to Davos, a short review of the PM’s educational and employment history and the current status of Georgian-Russia relationship is explored in a news article on the "Bloomberg” webpage, written by Helena Bedwell and Lyubov Pronina, January 24.

The first part of the article is about expected investments and economic growth of Georgia. The news is based on estimations by the Georgian PM.

The report stated

Georgia’s economy will expand 6 percent to 7 percent this year, driven by investments including a $5 billion seaport and infrastructure development, Prime Minister Irakli Garibashvili said.|/

The authors said Garibashvili was hand-picked as a successor of ex-PM Bidzina Ivanishvili.

A separate chapter has been devoted to the current Georgian - Russian relationship. Georgia’s territorial conflict with its northern neighbour and its attempts to normalize relations with Russia is also discussed.

Read the full article on: www.bloomberg.com