Davos 2018: Int’l Lulu Financial Group looks to enter Georgian market

The Georgian delegation led by PM Kvirikashvili meets with the Managing Director of LuLu FG Adeeb Ahamed in Davos. Photo by the PM's press office

Agenda.ge, 23 Jan 2018 - 23:48, Tbilisi,Georgia

One of the largest international companies, LuLu Financial Group (LuLu FG), is interested in entering the Georgian market.

Meeting with the Managing Director of LuLu FG Adeeb Ahamed at the World Economic Forum in Davos, Georgian Prime Minister Giorgi Kvirikashvili discussed the business environment in Georgia and projects open for potential investment.

LuLu FG plans to better familiarize itself with business opportunities in Georgia and make further investments.

At the meeting with LuLu Financial Group @adeeb_ahamed discussed #Georgia's business environment. The company considers entering the Georgian hospitality market @KvirikashviliGi #wef18 #Davos18 pic.twitter.com/XRBBNuwZsq
— Mikheil Janelidze (@JanelidzeMkh) January 23, 2018

According to Prime Minister Kvirikashvili, the favorable business environment in Georgia and its completed and ongoing reforms aim at rapid economic development. Moreover, the country has increasingly positive international rankings year after year.

Based in Abu Dhabi, United Arab Emirates, LuLu FG is a non-banking financial organization, which primarily deals with foreign exchange, global money transfer and salary and wage administration.

Some of the world’s other leading companies are interested in investing in Georgia, planning to send a group of experts to the country and explore investment opportunities on site.