Caspian Energy Journal Caspian European Club
Thursday, 07 March 2019 13:00

EBRD’s investments in Georgia exceed 3bn euros

EBRD’s investments in Georgia exceed 3bn euros

Georgia remains to be one of the role models for the European Bank for Reconstruction and Development" stated Suma Chakrabarti, President of EBRD at a meeting with Mamuka Bakhtadze, Prime Minister of Georgia, Caspian Energy News ( reports with reference to the press office of the Prime Minister of Georgia.

In the opinion of the EBRD president, Georgia is advancing in the right direction and many partners are interested in sharing its experience.

It was noted at the meeting that last year was record-high in terms of investments made in Georgia, though EBRD is keen to further increase the volume. Parties also discussed the opportunity of an Economic Forum of Eastern Partnership Countries be organized by the EBRD in Georgia.

Discussions were related to the significance of ensured inclusive economic growth for the development of small and medium enterprises (SMEs) in the country. As noted by the head of government of Georgia, portfolio of EBRD is fully tailored to the current challenges of Georgia, especially towards SME support.

Focus was made on the projects funded by EBRD in the energy sector of Georgia. Significance of right development of the energy sector in the sustainable development and energy security of the country was underlined.

EBRD’s investments made in the economy of Georgia so far have exceeded 3 billion euros.

More details:

Person in charge of the newsline: Olga Nagiyeva 


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