USAID, Enterprise Georgia team up to support Georgian economy recover from Covid-19

The initiative will prioritise investment in greenfield and export-oriented projects, focusing on innovative, high-value manufacturing including electronics, medical instruments, aerospace and automotive parts. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 07 Dec 2020 - 13:24, Tbilisi,Georgia

USAID and Enterprise Georgia have launched a two-year partnership to facilitate Foreign Direct Investment (FDI) in Georgia, help the country's private sector recover from the Covid-19 pandemic and build a more innovative economy that creates higher-value jobs for Georgian workers.

With financial support from USAID, Enterprise Georgia will work closely with OCO Global, a foreign investment advisory firm to identify and promote high-value investment opportunities in the Georgian economy and raising awareness about the country’s economic potential among major international investors. 

The initiative will prioritise investment in greenfield and export-oriented projects, focusing on innovative, high-value manufacturing including electronics, medical instruments, aerospace and automotive parts.

The partnership with Enterprise Georgia is part of USAID’s approach under its new 2020-2025 Country Cooperation Development Strategy guiding its assistance to Georgia.