Time in Tbilisi: May 10, 2024 06:53

  • NEWS

German Parliamentary State Secretary:
German investors find Georgia favourable for doing new business

Thomas Bareiss said that Georgia is a safe country to do business. Photo: Georgia's Ministry of Economy. 

Agenda.ge, 24 Aug 2018 - 15:56, Tbilisi,Georgia
German investors feel there is a favourable environment for doing new business in Georgia,  German Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy  
Thomas Bareiss says. 
 
Representatives from large German companies visited Georgia with Chancellor Angela Merkel yesterday and at the end of the day they held a round-table meeting with Georgian companies.
 
“Our delegation includes representatives from different sectors such as infrastructure, mining, education. We see good opportunities to establish different types of relations between us” said Bareiss.
 
Bareiss stated that there should the proper legal conditions and “the country should be safe. This is possible in Georgia and this will support the implementation of various projects”, he said.
 
He said that the German delegation also includes the chief executive director of German railway company Deutsche Bahn and stated that the company is interested in cooperating with Georgia.
 
A round-table meeting was held yesterday between Georgian and German business society. Photo: Partnership Fund.
 
Bareiss said that Deutsche Bahn’s interest towards Georgia is due to the country’s location and the opportunity of playing the role of a transport corridor.
 
To note, Deutsche Bahn and Georgian Railway entered a new stage of cooperation and signed an agreement this June, which laid the foundation for future joint projects in the rail freight sector.
 
Meanwhile, Deputy Economic Minister of Georgia Genadi Arveladze stated that it is important that heads of large German companies are visiting Georgia and that they personally receive information about the country’s preferable investment environment.
 
He also said that “the first officials of Georgia and Germany” agreed yesterday that joint groups and commissions will hold meetings at least twice a year. 
 
More specifically, the German delegation included the following companies: Knauf Gips KG, Ernst Klett AG, Deutsche Bahn AG, Caisley International GmbH, GP Günter Papenburg AG, Cronimet Holding AG / Cronimet Mining AG and Giesecke & Devrient.
  • RELATED
Germany offers €43 million for water supply and sanitation programmes in Georgia’s Adjara region
24 Aug 2018

The German government is offering €40 million in financial resources and a €3 million grant to Georgia for water supply and sanitation programmes in the country’s Adjara region.

READ MORE
German Chancellor: Georgia has made great progress during last decade
23 Aug 2018

German Chancellor Angela Merkel says she is happy to see much progress in Georgia since her last visit to the country 10 years ago.

READ MORE
Angela Merkel: “Germany supports Georgia. That’s why I am here”
23 Aug 2018

After a face to face meeting with Georgian Prime Minister Mamuka Bakhtadze and a meeting with part of te Georgian cabinet, she held a joint press conference with the Georgian PM.

The topics discussed at the meetings included the situation in Georgia’s regions occupied by Russia, the country’s European aspirations and integration and the deepening of the economic and cultural ties.

READ MORE
Germany to sign two agreements worth €193mln with Georgia
23 Aug 2018

Two agreements will be signed worth €193 million between Georgia and Germany during German Chancellor Angela Merkel’s visit to Georgia.

READ MORE