Georgia has one of the most attractive investment environments in the region. The Prime Minister of Georgia said this during his keynote speech at the investment panel on Georgia being a Nexus For Investments, held within the framework of the Tbilisi Silk Road Forum.
"With business-friendly reforms, reliable policies and strong institutions, the country ensures smooth business operations through 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.
Through free trade agreements with the European Union, China, the European Free Trade Association (EFTA), CIS countries, Turkey and others, Georgia provides access to markets of over 2.3 billion consumers without tariffs.
Our foreign direct investment (FDI) landscape is diverse and stable, encompassing key sectors such as financial services, energy, manufacturing, real estate and trade. Reflecting this achievement, Georgia ranks 4th among 120 countries in terms of investment attractiveness, according to the Good Governance Index published by the Chandler Institute.
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”, - said Irakli Kobakhidze.
As he added, Georgia’s attractive investment climate recently drew the largest foreign direct investment in the country’s history:
"Eagle Hills - a world class developer is committed to invest more than 6.5 billion USD in transformational projects that will reshape our urban landscape. This strategic investment is set to create thousands of high-paying jobs, stimulate neighboring businesses and further reinforce Georgia`s position as the region`s premier investment destination.
Georgia is firmly committed to strengthening its role as a reliable partner in the global economy, building strong partnerships with both state and business actors to foster stability, opportunity and long-term development. We remain open to strong, forward-looking collaborations to advance our shared goals of sustainable growth", - highlighted the Head of Government of Georgia.
The investment panel, opened by the Prime Minister of Georgia, featured participation from Mohamed Alabbar, founder of the EMAAR Group and Eagle Hills.