EIB president: Georgia among top 3 countries to effectively implement EIB operations
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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.
Today’s meeting was held in Davos, Switzerland within the World Economic Forum.
The sides discussed the implementation process of all EIB infrastructural projects in Georgia.
Hoyer said Georgia was one of the top three non-EU countries who effectively implemented the EIB’s operations.
Hoyer said the bank remained interested in implementing new projects in Georgia that would benefit small and medium-sized businesses.
In total the EIB has invested €480 million in Georgia’s public sector and €165 million in the country’s private sector.
Prime Minister of Georgia Giorgi Kvirikashvili is rubbing shoulders with world leaders at the World Economic Forum in Davos, Switzerland.
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.
More than 200,000 inhabitants of Georgia’s second largest city will soon enjoy a clean, reliable water supply thanks to a €100 million loan by the European Investment Bank (EIB) to rehabilitate the city’s water system.
The European Investment Bank (EIB) is providing significant financial support to new agricultural projects in Georgia with the aim of stimulating the country’s agricultural sector.
The European Union's leading financial institution, the European Investment Bank (EIB), has opened a South Caucasus regional representative office in Georgia’s capital Tbilisi.
An Emirati holding company based in Dubai plans to expand its investments in Georgia.
Georgia’s Minister of Foreign Affairs Mikheil Janelidze has today sat down with his Argentinian counterpart Susana Malcorra within the framework of the World Economic Forum in Davos, Switzerland.
Intensifying bilateral relations in the political and economic spheres were major topics of the meeting.
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.