Enterprise Georgia Director - Saudi Arabia “strategically important” for Georgia’ investment, trade
Khidureli said the agency was ready to be in “close communication” with the Saudi side in order to attract investments within the Enterprise Georgia programme, noting trade and economic cooperation between the two countries had “significantly increased” over the years and added there was “still a considerable potential” for attracting investments. Photo: Enterprise Georgia
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Mikheil Khidureli, the Director of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Wednesday said Saudi Arabia was a “one of the priority and strategic destinations” for Georgia’s investment and trade opportunities.
Hosted as part of the World Tourism Day in Saudi Arabia’s capital of Riyadh on September 27-28, Khidureli had “high-level” meetings with Khalid A. Al-Falih, the Saudi Minister of Investment, other officials, Saudi companies and potential investors from the country to discuss investment opportunities in Georgia.
Khidureli said the agency was ready to be in “close communication” with the Saudi side in order to attract investments within the Enterprise Georgia programme, noting trade and economic cooperation between the two countries had “significantly increased” over the years and added there was “still a considerable potential” for attracting investments.
He said the meetings were organised by Zurab Pololikashvili, the Secretary-General of the World Tourism Organisation, which he said played an “important role” in promoting the investment and tourism potential of Georgia and other countries of the world.
Georgian Economy Minister Levan Davitashvili on Wednesday said promotion and strengthening of the domestic private sector was “one of the main priorities” of the Government’s economic policy.
The Enterprise Georgia state agency on Wednesday said its Director Mikheil Khidureli had met Khalid A. Al-Falih, the Minister of Investment of Saudi Arabia, as well as Saudi companies and potential investors from the country to discuss investment opportunities in Georgia.
A group of international investment consultants, on a working visit to Georgia on Wednesday as part of the USAID Economy Security Programme, have praised it as the “best country worldwide, with huge investment potential”.
Georgia's export promotion agency Enterprise Georgia has received the prize of the World Trade Promotion Organization Award, which the agency won in 2020.
The fruitful cooperation in tourism and civil aviation and future prospects of partnership between Georgia and Saudi Arabia were discussed on Saturday by Georgian Deputy Economy Minister Mariam Kvrivishvili and Sultan Al Musallam, the Saudi Arabia Deputy Minister of International Affairs.
Jasem Mohamed AlBudaiwi, the Secretary General of the Cooperation Council for the Arab States of the Gulf, on Thursday told a panel discussion within the Tbilisi Silk Road Forum that ties between Georgia and Gulf states had been “deepened”.
Georgian Deputy Economy Minister Romeo Mikautadze on Friday said the projects supported by Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, contributed to the creation of new jobs and the increase of the country’s export potential.
French company Teleperformance, the world leader in the business process outsourcing industry, started operating in Georgia with the support and close cooperation of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports.
Georgian Economy Minister Levan Davitashvili on Tuesday said the “positive dynamics” of foreign direct investments in the country had continued this year, with their volume exceeding $1 billion in the first two quarters after reaching a “record high” of $2.098 billion in 2022.
Mikheil Khidureli, the CEO of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Tuesday highlighted 25 international projects, 6,000 new jobs and ₾1 billion ($0.37bln) investment created between 2020-2023 through efforts of its Invest in Georgia department.
Mikheil Khidureli, the CEO of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Thursday said the main domestic sectors that saw Saudi Arabian investments “coincide” with the country's priorities.
Mikheil Khidureli, the Director of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Monday highlighted the country's investment attractiveness and potential at the Georgian Investment Forum, organised by the European Bank for Reconstruction and Development and the Georgian Embassy in the United Kingdom.