Davos 2017: EBRD plans to invest €300m in Georgia in 2017
Tweet 
Share
The European Bank for Reconstruction and Development (EBRD) plans to invest €300 million in Georgia this year.
President of the EBRD Sir Suma Chakrabarti met Georgia’s Prime Minister Giorgi Kvirikashvili today at the World Economic Forum taking place in Davos, Switzerland, where he announced the Bank’s plans for investing in Georgia.
Chakrabarti promised the EBRD would continue its "tight cooperation” with Georgia now and in the future. He also announced that the Bank would provide increased investment and financial assistance to the country.
We have large-scale plans for Georgia this year. We hope to be able to invest €300 million in Georgia. We have a very successful relationship with Georgia and it is not only about investments. We support the country [in its attempt to] improve its business environment, so that Georgia can become more attractive for investors”, said Chakrabarti.
Last year the EBRD provided very strong support for the Georgian economy as investments hit a record high of €250 million.
Georgia’s Economy Minister Giorgi Gakharia is meeting with world economic leaders to deepen global ties at the World Economic Forum taking place in Davos, Switzerland.
Georgian Prime Minister Giorgi Kvirikashvili met with Ukrainian, Croatian and Serbian leaders at the World Economic Forum in Davos, Switzerland yesterday.
Georgia’s Prime Minister Giorgi Kvirikashvili met with the chief executive officer of global energy giant British Petroleum (BP), Robert Dudley, at the World Economic Forum in Davos, Switzerland today.
Georgia’s Prime Minister Giorgi Kvirikashvili met with the executive director of global energy company Vestas Wind Systems Anders Runevad in Davos, Switzerland today.
The European Bank for Reconstruction and Development (EBRD) has marked a historic milestone by issuing its first-ever Eurobond both denominated and settled in Georgian lari (GEL).
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing financial services to Georgia to support the development of small and medium-sized enterprises (SMEs) in the country.
Georgia’s economy will experience 3.9 percent growth in 2017, forecasts the European Bank for Reconstruction and Development (EBRD).
The European Bank for Reconstruction and Development (EBRD) is allocating €5.5 million to add 10 electronic and 20 diesel-powered buses to public transport in Georgia’s Black Sea city of Batumi.
President of the European Bank for Reconstruction and Development Sir Suma Chakrabarti has visited Georgia for two days. The EBRD official was met by Georgia’s Minister of Finance Dimitri Kumsishvili at the Tbilisi International Airport.
Georgia’s Prime Minister Giorgi Kvirikashvili and a small Georgian delegation are set to travel to Davos, Switzerland today in order to participate in the World Economic Forum’s 47th session.
Georgian Foreign Minister Mikheil Janelidze said Georgia’s role as the connector between Europe and Asia is increasing year after year. Minister Janelidze left for Davos, Switzerland yesterday in order to participate in the World Economic Forum.
Some of the world’s leading companies are interested in investing in Georgia, planning to send a group of experts to the country and explore investment opportunities on site.
Georgia’s Prime Minister Giorgi Kvirikashvili has participated in a discussion held at the 47th World Economic Forum in Davos, Switzerland. Georgian PM participated in the "Strategic Outlook - Eurasia” discussion.