While world companies are calculating losses caused by the new coronavirus, some specialists hope for a better future.
From their point of view, the coronavirus only caused temporary losses, and it can provide benefits for Georgia in the future.
US Companies began talking about the movement of their production from China to other countries.
''Mexico is one of the most popular destinations,'' he says, adding that Georgia may take advantage of the current trend, '' expert Nikoloz Mchedlishvili says.
Another expert Giorgi Tsutskiridze shares the opinion and believes that the labor cost has increased in China because of fast economic growth.
In his words, Western companies have experienced severe loss due to the new coronavirus outbreak.
According to Tsutskiridze, in the long run, investors will show interest in the business climate, low taxes, liberal economic policies, and cheap labor in Georgia.
The expert believes that the coronavirus allows Georgia to become a manufacturing hub.
''I heard that American and European investors are already contacting Georgian companies," Tsutskiridze said.
More than 93,000 people remain infected across the world.
The new coronavirus was detected in December 2019 in China.
Three people remain infected in Georgia.
Bela Gelashvili
News Author