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Hungary allocates credit line for investments in Georgia

Hungary allocates credit line for investments in Georgia
Hungary allocates credit line for investments in Georgia

The Hungarian Eximbank has allocated a unique credit line for the Hungarian companies that desire to invest in Georgia; it was reported after Georgian Economic Minister Natia Turnava and Hungarian Foreign Minister Péter Szijjártó held a meeting.

"Following the Minister of Hungary, like us, Hungarian investors see new opportunities in the foreign market that appeared in the post-pandemic period. Companies want diversification. Among them are Hungarian investors. The Minister of Foreign Affairs and Foreign Trade of Hungary noted that the Hungarian State Development Bank Eximbank had allocated a special credit line for Hungarian companies that decide to invest their funds in Georgia," Natia Turnava stated.

The Georgian government is currently developing a new investment policy.

Georgia's international investment ranking has improved.

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