“Georgia has made it through extremely complicated and complex years. It has demonstrated resilience, stability, safety, consistency,” said Mariam Kvrivishvili, Georgian Minister of Economy and Sustainable Development at the panel discussion titled Georgia – Nexus for Investments held within the Tbilisi Silk Road Forum.
According to Kvrivishvili, the policy of making business easily serves as “the fundamental basis of how the economy keeps growing fast in Georgia.”
“And we use the opportunity to show off. In the last 2-3 years, our economic growth has reached 9.6 %. This year, we already have up to 8% economic growth compared to the same period of last year.
This brings Georgia as the leader in the region, and leader among the European countries. This takes a lot of effort, hard work, a vivid action plan, and it takes an extremely tight parnership between the government and private sector and all the integrated parties. It is teamwork, we are very committed to ensure that we continue to be the most hospitable country in the world, not only for travellers but for domestic and international investors,” she said.
Mariam Kvrivishvili remarked that Georgia is determined to support all scales of businesses, providing them with all necessary instruments and tools, and most importantly, access to finance.
The Minister of Economy spoke about the investment climate in Georgia. She named predictability, safety, and stability as key and fundamental factors for investors.
She extended her gratitude to EMAAR Group and Eagle Hills Founder, Mohamed Alabbar for large-scale investment projects.
“I had an excellent dialogue with Mr Alabbar, who is a big friend and already our family member, and really represents a milestone for our country’s success with his historic USD 6.5 billion scale of investment. This is a very big achievement,” she said and thanked the forum participants.
“I would like to use this opportunity to once again thank everyone who took their time and came to Georgia and gave us the honor and privilege to host over 2,300 delegates from more than 70 countries. It is extremely important for our country to be able to host forums like this and the Silk Road Forum has really been shaped as an important platform for dialogue between governments, goverment to private sector and business to bsiness relations and I think today has been extremely productive for all of us, to have panel discussions and a lot of interesting meetings by which we made huge progress adressing multiple matters and concerns and the ways how we overcome them together, contries and the private sector,” she said.
Georgian Prime Minister Irakli Kobakhidze delivered the opening speech at the Georgia – Nexus for Investments panel of the Silk Road Forum. EMAAR Group and Eagle Hills founder Mohamed Alabbar, Galt & Taggart Executive Director Giorgi Kuprashvili, Trammo, Inc. Senior Vice President Oliver K. Stanton, and Chairman and CEO of Eksim Holding Ebubekir Tivnikli participated in the panel discussion.