BUSINESS
EBRD Director : Investors are really interested in Georgia
13 March, 2018
Investors are really interested in Georgia, - Bruno Balvanera, EBRD Director for the Caucasus, Moldova and Belarus, has told reporters. As for the increase in the volume of direct foreign investments and how much quickly will it be reflected on the population's welfare, Bruno Balvanera said that "of course, this is not so fast."

“The amount of investments is really increased and the investors are really interested in, but the point is that these are big investment projects, such as
gas pipelines, railways, hydro power plants, and therefore it is a long-term benefit that will be tangible in the long run, but we really want to say that there is a real interest in Georgia,” - Bruno Balvanera said.
geotv.ge
Bruno Balvanera, EBRD Director for the Caucasus

According to National Statistics Office of Georgia (GEOSTAT), the total amount of foreign direct investments in 2017 in Georgia amounted to $1861.9 million dollars. This number has increased by 16.2% compared with the previous year. The amount of FDI was 1861.9 million USD in 2017.

Related stories:

Minister of Economy says most direct foreign investments was made in Georgia in 2017

EBRD launches new project to support agrotourism development in Georgia

Minister of Economy says the number of visitors is increasing in Georgia month by month
Print