Georgia’s investment opportunities “of interest for many new companies” - Economy Minister
He also noted “principal strategic projects” involving improvement of transport infrastructure, hospitality and other areas where he said Georgia had a “truly outstanding potential” had been reviewed in the meetings with representatives from international companies at the Forum. Photo: Agenda.ge
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Investment opportunities offered by Georgia are of interest for “many new companies”, Levan Davitashvili, the Economy Minister of Georgia, said on Tuesday as part of the participation of a Georgian Government delegation at the ongoing World Economic Forum in Davos.
Davitashvili said the delegation’s meetings at the event had discussed the country’s geopolitical role “in light of the recent events”, in reference to alternative logistical and energy routes being sought by states and companies following Russia’s ongoing invasion of Ukraine.
The Minister noted interest from international shipping companies in the “Central Corridor” - the logistical connection between Central Asia, South Caucasus and Europe - was “particularly noteworthy”.
He also noted “principal strategic projects” involving improvement of transport infrastructure, hospitality and other areas where he said Georgia had a “truly outstanding potential” had been reviewed in the meetings with representatives from international companies at the Forum.
In particular, Davitashvili noted the Black Sea submarine cable international project, intended to directly connect the energy system of the South Caucasus with Europe, and current opportunities for investment among the notable areas.
Meetings of the Georgian delegation, led by PM Irakli Garibashvili, have included discussions with Jay Collins, the Citigroup investment banking company Vice Chairman, Niclas Mårtensson, the CEO of the Swedish shipping company Stena Line, Hani Weiss, the CEO of the Dubai-based holding company Majid Al Futtaim and Mansoor Bin Ebrahim Al-Mahmoud, the CEO of the Qatar Investment Authority.
Georgian Prime Minister Irakli Garibashvili on Wednesday attended a World Economic Forum reception in Davos, with the event hosted by founder and Executive Chairman Klaus Schwab and involving global leaders and executives of top-tier companies.
Georgian Prime Minister Irakli Garibashvili and Swiss President Alain Berset on Tuesday discussed the close cooperation and friendly relations between the two countries both in bilateral and multilateral formats.
Georgian Foreign Minister Ilia Darchiashvili on Tuesday said the country’s Prime Minister Irakli Garibashvili was set to hold “important” bilateral meetings, both discussing politics with the world leaders and economics with the heads of large international companies at the ongoing World Economic Forum in Davos.
Georgian Prime Minister Irakli Garibashvili on Tuesday reviewed the “particular” directions of cooperation in banking and financial services with the investment banking company Citigroup’s Vice Chairman Jay Collins, in a meeting held within the framework of the ongoing World Economic Forum in Davos.
Georgian Prime Minister Irakli Garibashvili introduced the country's business environment to Niclas Mårtensson, the CEO of the Swedish shipping line company Stena Line, in a meeting hosted at the ongoing World Economic Forum in Davos on Tuesday.
Georgian Prime Minister Irakli Garibashvili is among 52 heads of state from around the world attending the ongoing World Economic Forum in Davos on Tuesday.
Georgian Prime Minister Irakli Garibashvili on Tuesday met Hani Weiss, the CEO of Majid Al Futtaim, a Dubai-based holding company for chains of grocery retail and hypermarkets, during the ongoing World Economic Forum in Davos.
Georgian Prime Minister Irakli Garibashvili on Tuesday met Mansoor Bin Ebrahim Al-Mahmoud, the CEO of Qatar Investment Authority, during the ongoing World Economic Forum in Davos.
Georgian Economy Minister Levan Davitashvili summarised meetings held by the Georgian Government delegation at the World Economic Forum in Davos this week by saying the discussions had been "exceptionally fruitful and interesting" and would “definitely bring concrete results”.