Levan Davitashvili Introduced Georgia’s Investment Opportunities To UK Business Sector At Georgia Investment Forum Held in London
16-05-2025

The Georgia Investment Forum was held in London, which was opened by First Vice Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili. The event, initiated by the London Stock Exchange and the Embassy of Georgia, highlighted Georgia’s investment attractiveness, the potential for development in various business sectors, and existing support programs. This year’s forum gathered over 180 representatives from various investment companies and groups participate.

“Georgia’s location at the crossroads of major trade corridors, including the strategically important Middle Corridor, makes us a natural hub for business, logistics, and energy. We leverage this advantage by ensuring a reliable and efficient investment climate, strengthening investor protection, and creating a robust legal and financial infrastructure” – Levan Davitashvili stated during his address at the forum.

The Minister noted that the strategic partnership between Georgia and the United Kingdom has a long history, not only politically but also in terms of trade and economy.

“We managed a seamless transition from the EU-Georgia Association Agreement to a bilateral format – the Agreement on Strategic Partnership and Cooperation between the United Kingdom and Georgia (in force since January 2021), including a Deep and Comprehensive Free Trade Agreement. In 2024, our bilateral trade turnover reached 170 million USD, and this growth continued into the first quarter of 2025. A similar positive trend is observed in investment flows – approximately 450 million USD has been invested in Georgia from the United Kingdom, representing a 23% increase compared to the previous year. It is noteworthy that the majority of these investments were made in the financial and insurance sectors” – the First Vice Prime Minister stated.

Davitashvili also stated that despite global economic challenges and regional geopolitical tensions, Georgia’s economy has demonstrated resilience and stable growth, establishing itself as one of Europe’s leading economies.

“Georgia continues to maintain its successful position among the world’s most competitive developing economies. Our government is actively implementing large-scale, transformative infrastructure projects, including the Anaklia Deepwater Port, which will become the most modern seaport on the eastern Black Sea coast, and the Black Sea underwater cable, which will connect Georgia to Europe’s energy system and strengthen regional energy security” – the First Vice Prime Minister noted.

In his speech, the Minister of Economy and Sustainable Development placed particular emphasis on the importance of bilateral trade and economic cooperation between Georgia and the United Kingdom. The Minister stated that the entry of British Airways into the Georgian market is proof of the fruitful economic relations between the two countries. Levan Davitashvili assessed that the renewed direct air travel will play a significant role in further increasing tourist flows and deepening economic and business ties.

Alongside Levan Davitashvili, the Investment Forum in London was attended by Minister of Finance Lasha Khutsishvili, President of the National Bank Natia Turnava, Deputy Ministers of Economy and Sustainable Development Genadi Arveladze and Irakli Nadareishvili, Deputy Minister of Foreign Affairs Alexander Khvtisiashvili, Enterprise Georgia Agency Director Mikheil Khidureli, and representatives of Georgia’s private sector.