MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

Panel discussion “Georgia - Nexus For Investments” was held within the framework of the Tbilisi Silk Road Forum. Prime Minister of Georgia, Irakli Kobakhidze opened the panel with a speech. As the Prime Minister noted, Georgia has one of the most attractive investment environments in the region, a country supported by business-friendly reforms, reliable policies, and strong institutions, which ensures seamless business operations with a liberal trade regime, minimal bureaucracy, and efficient customs services.

“Thanks to this effort, Georgia ranked among the top ten countries globally in the trade component of the World Bank’s Business Ready (B-READY) Index. Our foreign direct investment (FDI) landscape is diverse and stable, encompassing key sectors such as financial services, energy, manufacturing, real estate and trade. This diversification, along with Georgia’s strategic location and ongoing infrastructure projects, positions the country as a regional hub for investment, connectivity and sustainable growth” – the Prime Minister stated.

Mariam Kvrivishvili, Minister of Economy and Sustainable Development, spoke about the enabling environment for attracting investments in Georgia and the government’s policy in this direction. According to her statement, when discussing investments in absolutely all areas of the economy, the main focus is on the value of the project, the second is the process of knowledge renewal, and the third is the contribution to the country’s economy. Mariam Kvrivishvili underscored the importance of every single investment for Georgia, whether implemented by a local or foreign businessman.

“Georgia has a great desire to contribute to stability and development in the region. Our economy is growing quite fast - we have a 9,6% economic growth compared to the same period last year, which means progress, and Georgia is a leader in the region with this figure. Both the government and the business sector have their roles in this process. I want to tell you that Georgia is always among the hospitable countries, which also contributes to attracting investors” – the Minister of Economy and Sustainable Development explained.

The panel discussion also featured the participation of the Eagle Hills Founder, Mohamed Ali Alabbar, Galt & Taggart CEO Giorgi Kuprashvili, Trammo, Inc. Senior Vice President Oliver Stanton, and Eksim Holding Chairman Ebubekir Tivnikli. They spoke about those significant factors that make Georgia a promising and interesting investment destination.

“We find the environment, the atmosphere, the sector-specific policy, the history, and the reforms that Georgia has, to be comfortable. Ultimately, everything is linked to the parameters of economic growth and the positive indicators in Georgia. 9%, even 7% economic growth is a very good example - the European Union should learn from this, their economic growth is much lower” – Alabbar noted.

In his assessment, the country's leadership and sectoral policy are of great importance in terms of attracting investments. “It is a great honor for me to deal with Georgia, which has a strong, wise, and stable leadership. The country has attracted a rich person who seeks and finds peace, stability, good healthcare, education, etc., here. Therefore, we should all unite and support this strong, sensible leadership in the country. I am happy that Georgia entrusted the Eagle Hills Georgia project to me” – Mohamed Ali Alabbar noted.