Georgian Economy Minister says country's transport, logistics potential discussed at Davos meetings
The Minister added the Government’s participation in the Forum was “important from an economic perspective” to ensure it was shown to have a “stable political environment” and the status of a “stable, reliable and predictable country international partners can trust”. Photo: Ministry of Economy
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Georgian Economy Minister Levan Davitashvili on Wednesday said the country's transport and logistics potential, prospects and investments for further improving them were discussed in meetings at the ongoing World Economic Forum in Davos.
Davitashvili said alternative supply routes, transport and warehousing matters were “still relevant” at this year’s Forum, and noted the development of the Middle Corridor - a logistics route connecting Central Asia and China to Europe via the South Caucasus - was “important” for Georgia.
He added the Government would have a number of meetings and dialogues, both at the political level and with businesses, regarding the Middle Corridor, as the matter would “remain relevant throughout the year”.
It is very important to introduce the economic progress of the country to international partners, business leaders, to meet with representatives of sectors where Georgia has a special potential, and to held meetings with the world's leading companies operating in energy, real estate, hospitality, industr[y] and tourism”, the official added.
Davitashvili said meetings with representatives of information and business process outsourcing were also held within the event to discuss the possibility of further partnership and investments from top foreign businesses in the country’s economy, noting the companies’ interest in cooperating with the Government.
The Minister added the Government’s participation in the Forum was “important from an economic perspective” to ensure it was shown to have a “stable political environment” and the status of a “stable, reliable and predictable country international partners can trust”.
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Revaz Lominadze, the Georgian Ambassador to Switzerland, on Tuesday said Irakli Garibashvili, the Prime Minister of the country, would participate in various panel discussions and have “important bilateral meetings” at the World Economic Forum being held in Davos.
A “leading” company operating in Business Process Outsourcing will soon start operating in Georgia, Mikheil Khidureli, the Director of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, said on Wednesday at the BPO industry summit hosted in Tbilisi with the initiative of the body.
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Alibek Kuantyrov, the Economy Minister of Kazakhstan, on Thursday said his country, Azerbaijan, Turkey and Georgia were expecting to increase exports from the Caspian Sea through the Middle Corridor, a logistics link connecting Europe with Asia, to 10 million tonnes by 2025.
Georgian Deputy Economy Minister Guram Guramishvili on Monday said the importance of Georgia for transport connectivity between Europe and Central Asia was emphasised at the Investors Forum for EU-Central Asia Transport Connectivity in Brussels on Monday.
Adina-Ioana Vălean, the European Commissioner for Transport, on Monday highlighted Georgia's role in the development of transport links between Europe and Central Asia at the Investors Forum for EU-Central Asia Transport Connectivity in Brussels.