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Economic Minister praises quality of investments made in Georgia

Economic Minister praises quality of investments made in Georgia
Economic Minister praises quality of investments made in Georgia

''The increased indicator of direct foreign investments in the second quarter of 2020 confirms again that Georgia's economy gradually recovers despite the novel coronavirus pandemic,'' Georgia's Economic Minister Natia Turnava said.

In her words, the positive developments are underway amidst global pandemic, while international experts forecast a 40% drop in investments worldwide.

She says the increase in direct foreign investments in construction, energy, mining, process industries shows that Georgia conducts the right and efficient economic and anti-crisis policy.

Following the Statistics Office of Georgia, the foreign direct investments equaled 237.8 mln USD in the second quarter of 2020.

The volume is 0.5% more than the rate of the 2019 second quarter.

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