PM Bakhtadze: Georgia’s economy is open to investments
PM Bakhtadze has discussed the opportunity of expanding the scope of OPIC projects in Georgia with the CEO Ray W. Washburne. Photo: PM's office
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Prime Minister of Georgia Mamuka Bakhtadze has sent a clear message that the Georgian economy is open to investments at a meeting with the CEO of the Overseas Private Investment Corporation (OPIC), Ray W. Washburne in Washington D.C.
PM Bakhtadze has discussed the opportunity of expanding the scope of OPIC projects in Georgia in the sectors of logistics, trade, tourism and informations and communications technology. Ray W. Washburne has positively assessed Georgia’s advancement in terms of improving the investment climate and economic development.
He said Georgia has an important place in the long-term plans of the OPIC as the most outstanding country in the region.
Washburne pointed out that the OPIC is going to launch a regional hub in partnership with the Georgian government.
PM Bakhtadze has promised that the government will maximally support the increase of foreign investment in the country.
A delegation from the United States (US) government's development finance institution is in Georgia to negotiate terms of its latest $67 million support package for Georgia.
The United States government’s Overseas Private Investment Corporation (OPIC) is teaming up with Georgia’s state owned investment fund, the Partnership Fund (PF) to mobilise investment capital to finance a range of new projects in Georgia.
The United States government’s Overseas Private Investment Corporation (OPIC) significantly increases the investment limit for Georgia, says Georgia’s Finance Minister Dimitry Kumsishvili.
A large Canadian investment company, Kamcon Investments, is looking at the possibility of investing in Georgia to build an industrial complex in the city of Rustavi.