Georgia, is a country located at the intersection of Eastern Europe and West Asia, and socio-politically and in a cultural way is generally considered to be part of Europe. The country’s Western orientation and strive for retrieval of occupied/separated territories, lead to the worsening of relations with Russia. However, the fast economic development and growth of the Country processed simultaneously to the above, has turned it to a significant epicenter of Eurasian energy projects.

the European Bank for Reconstruction and Development (EBRD) is going to make an investment of 400 million EUR in Georgia. The Bank has carried out 190 projects in Georgia and has invested more than EUR 2.6 billion. They consider Georgia as the best country in terms of reforms, as well as introduction of international standards and accepting the EBRD mandate. Georgia has the best investment environment and a great future, to reflect this, the investment that the Bank implemented here is one of the largest in our portfolio of projects.

They plan to invest more than EUR 400 million Euros in Georgia – an unprecedented amount of money. This money will go to various sectors of the economy, like hydropower, banking, municipal infrastructure, and the private sector.

Within the frame of the EU financial and technical assistance, the European Bank for Reconstruction and Development (EBRD) will allocate 50 million USD to support enterprise development in Georgia (Source: Ministry of Economy and Sustainable Development of Georgia).

With the initiative of Georgia’s Innovation and Technology Agency, nowadays start-ups face more opportunities in Georgia. After successful launch of innovative project called FabLab, agency in the collaboration of Technological Development Fund has recently established 2 new business incubators. By the above mentioned, the Country and Society announce reediness to accept new ideas, technologies and traditions in Business.

In 2014 the Government of Georgia adopted country’s socio-economic development strategy – “Georgia 2020”, which sets inclusive economic development as the main objective of the government. The notion is based on the increasing number of jobs, innovation and competitiveness of private sector. Several initiatives have already been launched to implement these ideas, including the establishment of Enterprise Georgia. Since June 2014 up to date, under the program “Produce in Georgia” 62 new businesses were launched with the total anticipated investment value of 111 900 000 USD.

The relationship between Georgia and China are very much close in terms of as economical so the cultural sence. On 9-13 May was held 2nd round of negotiations between Georgia and China, where the parties exchanged offers on trade in goods and trade in services section. The Free trade agreement is another step forward in terms of diversification of export markets, which is one of the priorities of the government. After the enactment of the agreement an additional 1.4 billion will be used on market, which will significantly increase the investment attractiveness and positive impact on the country’s economic development.