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Japanese, German and Korean companies to relocate business to Georgia

Japanese, German and Korean companies to relocate business to Georgia
Japanese, German and Korean companies to relocate business to Georgia

Georgia's Minister of Economy and Sustainable Development Natia Turnava states that Japanese, German and Korean companies wishing to relocate their businesses to Georgia.

Turnava said this after the presentation of the programs to support the business. In her words, global companies will see many advantages in Georgia, and the government will try to attract them.

She says the government has prepared a plan for it.

As Natia Turnava says, several large investors have already decided to enter Georgia.

''The companies plan to use alternative platforms to avoid future threats,'' she says, adding the Georgian government is conducting negotiations.

''Although the global economy is recessing and the business activity is restricted, several large projects and investors still said 'yes' to enter Georgia,'' she declared.

In Natia Turnava's words, one of the giant Japanese companies, TEPCO has already engaged in the energy activities of Georgia, adding it represents the most significant Japanese investment in Georgia.

Turnava said today that Georgia ranks third by its low margin and simplicity of taxes across the world.

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