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Georgia's strategy for attracting foreign investments amidst COVID-19

Georgia's strategy for attracting foreign investments amidst COVID-19
Georgia's strategy for attracting foreign investments amidst COVID-19

"We have discussed the strategy of attracting foreign direct investment already in a post-COVID context, and the country's priority sectors were highlighted. For instance, the production of electrical parts, the remote provision of business processes, and other components, such as research centers, and others," Mikheil Khidureli, director of the Produce in Georgia said at a meeting with private sector employees.

At the meeting, Mikhail Khidureli spoke about the agency's activities, updated projects, and an updated investment strategy of the country.

"Along with the foreign direct investments, it is also essential to encourage local investment, and the agency is actively working. Nowadays, we have a portfolio of 130 million GEL, both in the direction of production and in the hotel industry," Khidureli said.

In his words, information meetings will be held continuously.

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