We have a clear plan that will ensure that Georgia becomes self- sustainable in terms of electricity supply, Black Sea submarine cable project will allow us to export electricity to European countries. Georgian Prime Minister made this statement in an interview with the United Arab Emirates media outlet “Gulf News”.

“There is huge scope for investment activities in the energy sector, with a focus on hydro, wind and solar energy. Georgia is rich in these resources, and we have a clear plan to steadily increase our electricity capacity to eight gigawatts by 2028 and ten gigawatts by 2030.

This will ensure Georgia becomes self-sustainable in terms of electricity supply, while the Black Sea Submarine Cable Project will enable us to export electricity to European countries and position Georgia as a digital hub.

Other advantageous sectors to invest in include tourism and agriculture, which are traditional pillars of the economy. Real estate is a growing sector in the Georgian economy too.

Meanwhile, there has been a rapid increase in growth in the IT sector since 2021, and we want to further strengthen this sector of the Georgian economy. We are covering all of these sectors and are focused on sustaining Georgia’s progress”, - said Irakli Kobakhidze.