Only “knowledge-based” economy will be productive in future - Economy Minister at opening of Do IT with the EU

Only a “knowledge-based” economy will be competitive and productive in the future, Georgian Economy Minister Levan Davitashvili said on Friday in his address at the opening event of a new project Do IT with the EU, pointing out the development of technology and innovation in Georgia.

Since 2014, the Government of Georgia has “intensively” developed the field of technology and innovations and the sectors have been declared as “one of the main priorities”, Davitashvili noted. 

At the launch of the project, implemented by Georgia's Innovation and Technology Agency, with the financial support of the European Union, Davitashvili praised the Agency’s role in “significantly changing and developing” the sector in the country, the Economy Ministry said.

Photo via Economy Ministry

The guests of the event, including the EU Ambassador to Georgia Paweł Herczyński, as well as the representatives of the IT sector, successful startups and partner organisations of GITA, were briefed on current developments in the technology and innovations field.

The Ministry said the project aimed to promote the development of the technological sector in Georgia and with the support of the EU more than 1300 people would be trained in “the most demanded and highly paid professions in the world market”, including cyber security, data science and more.

Additionally, 1000 IT specialists will have the opportunity to obtain an international certificate and 300 IT specialists will be given a unique employment opportunity to become competitive in the international market.