Enterprise Georgia-supported projects increase Georgia’s export potential, create new jobs - Deputy Economy Minister
In his address at the opening of a renewed production space and a new showroom of the largest manufacturer of cable products in Georgia - Sakcable, Mikautadze noted the new modernised space, re-equipped with high-tech machinery, was created with the investment of Enterprise Georgia. Photo via Economy Ministry
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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.
In his address at the opening of a renewed production space and a new showroom of the largest manufacturer of cable products in Georgia - Sakcable, Mikautadze noted the new modernised space, re-equipped with high-tech machinery, was created with the investment of Enterprise Georgia, the Economy Ministry said.
In the renovated production space, Sakcable launches new, energy-efficient products, which are in great demand both in Georgia and in other countries”, he added.
Sakcable started production of solar cables, which are in demand in the world market, and received the European certificate of quality, proving the products meet all appropriate standards. The company created 35 new jobs after renovation with the loan subsidy received from Enterprise Georgia.
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.
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.
Enterprise Georgia will finance projects aiming to produce electricity using renewable energy sources, the body announced on Wednesday.
Enterprise Georgia, an export promotion agency of the country, on Thursday revealed 1,176 winners of its micro and small entrepreneurship grant programme.
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 Deputy Economy Minister Romeo Mikautadze on Tuesday highlighted the importance of resource efficiency in the industry sector and of promoting green growth in Georgian enterprises in comments at a national conference on the subjects.
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.
Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Wednesday said its certification course had trained 500 export managers over the past eight years.
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.