Investment consultants of World’s leading companies praise Georgia’s dynamic development, investment potential
“The world’s largest companies” have been already operating in the BPO sector in Georgia and employing “thousands of people” in the country, the Director of Enterprise Georgia Mikheil Khidureli said, emphasising the growing interest in this sector in Georgia. Photo: Economy Ministry
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Investment consultants and managers from the world’s leading BPO companies on Friday praised Georgia’s positive dynamics in the industry, as well as the country’s investment potential.
The high-ranking managers and investment consultants of the business process outsourcing sectors from the United States, Great Britain, Canada, Mexico, and South Africa got acquainted with the country’s business climate and investment opportunities, as well as held meetings with private and public agencies, within the framework of the investment familiarisation tour organised by Enterprise Georgia, an export promotion agency of the country.
Georgia is a country that is moving dynamically, [...] for outsourcing firms that are looking for a new location, Georgia is ticking a lot of boxes [...] any organisation that is looking for a multilingual destination, with great technology skills, solid infrastructure and a business-friendly Government, Georgia needs to be very much at the top of their list”, Peter Ryan, the representative of the Ryan Strategic Advisory said.
Photo via Enterprise Georgia
In his turn, Mark Essey, the Chief Executive Officer and founder of the Capability BPO, highlighted the support of the Georgian Government for the BPO sector and hailed the information technology in the country. “I am blown away about the development and the advancement of the technology landscape in Georgia”, he added.
We want to diversify our portfolio and expand our clients, [...] I think Georgia is a good opportunity for us”, said Hui Wu-Curtis, the Chief Operating Officer of the minority-owned BPO Support U, explaining the reason for visiting Georgia that was the country’s “strong technical capabilities and strong English abilities”, as well as sustainability to be able to bring operations to the country.
“The world’s largest companies” have been already operating in the BPO sector in Georgia and employing “thousands of people” in the country, the Director of Enterprise Georgia Mikheil Khidureli said, emphasising the growing interest in this sector in Georgia.
Small startups in Georgia have been urged to submit business ideas to the latest edition of a grant programme from the country’s Innovation and Technology Agency, with the chance of gaining $56,611 in co-financing support.
The Business Association of Georgia on Thursday published the results of a survey that said 63 percent of its member companies planned to increase the volume of their investments this year.
Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday said increasing the effectiveness of the small and medium-sized business sector was a “priority direction” of the Georgian Government’s economic policy.
The positive dynamics of the BPO services in Georgia and the opportunities that the country can offer to foreign companies were discussed on Friday by Georgian Economy Minister Levan Davitashvili and the investment consultants from the world’s leading companies in the industry.
Dynamics of trade between Georgia and the United States and economic ties between the two countries were discussed on Tuesday between the Georgian Finance Minister Lasha Khutsishvili and Matthew S. Axelrod, the Assistant Secretary for Export Enforcement of the US Department of Commerce.
Georgian Prime Minister Irakli Garibashvili on Tuesday told members of his Government during their weekly meeting the seven percent economic growth rate, reduction in prices on products and increase in tourism and trade figures represented “positive” dynamics across the country.
Georgia’s export promotion agency Enterprise Georgia has held meetings with “large American business corporations” in San Diego, California, with the aim of attracting more investment from the United States in the country, the body announced on Monday.
Mikheil Khidureli, the CEO of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Friday said three out of the world’s top five companies operating in business process outsourcing were present in Georgia.