BAKU, Azerbaijan, June 22
By Tamilla Mammadova - Trend:
Georgian Minister of Economics and Sustainable Development Natia Turnava held an online meeting with Deputy Executive Vice President, CEO of Nestle Professional Martial Rolland in line with the country's proactive strategy to attract foreign direct investments (FDIs), Trend reports with reference to the ministry.
In total, Georgia has chosen more than 400 companies and has started talks with the companies’ managers to attract FDIs to the country, said the report.
The meeting which was held in the framework of strategy of Produce in Georgia agency to attract FDI to Georgia. The meeting was attended by Director of the Produce in Georgia agency Mikhail Khidureli.
"Today we talked with the regional director of Nestle and introduced him the opportunities and advantages of Georgia. Nestle, like other potential investors who decide to start a business in Georgia, will receive maximum support and assistance,” said Turnava following the meeting.
According to her, further negotiations on the prospects of cooperation with Nestle will continue.
Turnava noted that the proposals for investors will soon be reflected in the government's post-crisis strategy and action plan.
"The government will continue to meet with potential investors to better understand if their development strategies are in line with the Georgian government's post-crisis vision," Turnava noted.
On December 16, 2019. Produce in Georgia agency presented an Investment Promotion Strategy and Action Plan for 2020-2021, which aims to attract foreign direct investments in Georgia and create 3,500 new jobs in highly-paid, prospective fields.
Based on the strategy, by direct communication with investors, the agency aims to carry out 10 large and 16-20 medium-sized investment projects worth $225 million in total.
The strategy is developed by the Produce in Georgia agency and the International Finance Corporation (IFC).
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