NEWS

Georgia becomes member of World Association of Investment Promotion Agencies

Currently WAIPA unites more than 170 members worldwide from 130 countries. Photo: Enterprise Georgia.

Agenda.ge, 01 Feb 2021 - 18:39, Tbilisi,Georgia

Georgia has become a member of the World Association of Investment Promotion Agencies (WAIPA) through the application of Invest in Georgia, which is run by the country's export support agency Enterprise Georgia.

Enterprise Georgia will benefit from various opportunities including the ability to share in best practices, explore opportunities of new partnerships, and participate in various forums and seminars to further comprehend the newest tendencies in terms of global FDI", reads the press release published by the agency.

The World Association of Investment Promotion Agencies (WAIPA) is an international organisation established in 1995 by the United Nations Conference on Trade and Development, which acts as a forum for investment promotion agencies, provides networking and promotes experience sharing in investment promotion.

Currently WAIPA unites more than 170 members worldwide from 130 countries.

RELATED

Georgian gov't to begin reforming state-owned enterprises in 2021-2024

28 Jan 2021

The government of Georgia is starting to reform state-owned enterprises, announced Georgian Prime Minister Giorgi Gakharia at today's government meeting, adding that this will be 'an extremely important process during the economic life of Georgia in 2021-2024'.

Gov’t announces expansion of Enterprise Georgia programme

17 Dec 2020

Enterprise Georgia has expanded its programmes from which investors can benefit. Georgian Economy Minister Natia Turnava stated earlier today that within the programme investors may receive land for symbolic 1 GEL ($ 0.3/€0.25).

Enterprise Georgia: applications opened for small hospitality businesses to receive 80% co-financing on loans

13 Nov 2020

Georgia’s export support agency, Enterprise Georgia, has announced the start of the forth stream of applications for the 'Co-financing Mechanism for Supporting Family-owned, Small and Medium-size Hotel Industries' to help industry players tackle the economic challenges caused by Covid-19.

Georgia to build anchovy fishing boat in Turkey with support of Enterprise Georgia

28 Oct 2020

In order to support the fishing sector and increase the production of fish in Georgia, the export promotion agency Enterprise Georgia will fund the construction of a new fishing ship. The first three-party memorandum has already been signed between Enterprise Georgia, TBC Leasing and the owner of the fishing ship.

Gov't creating new council to develop state enterprise reform strategy

25 Feb 2021

A new council will be created in Georgia that will develop a state enterprise reform strategy to be implemented in 2021-2024, announces Georgian Prime Minister Irakli Garibashvili. The goal of the reform is to bring the management of state-owned enterprises closer to the highest standards of corporate governance.

Gov't approves 4-year strategy for reforming state-owned enterprises

12 Dec 2022

Georgian Prime Minister Irakli Garibashvili on Monday announced his Government had approved a four-year strategy for reforming state-owned enterprises with the aim of establishing “appropriate corporate governance”.

Georgia joins declaration on investment promotion at World Trade Organisation ministerial

28 Feb 2024

Georgian Deputy Economy Minister Genadi Arveladze on Wednesday said the country had joined the declaration on investment promotion and development during the 13th ministerial session of the World Trade Organisation held earlier today in Abu Dhabi.