Government of Georgia – Appearance 2016

Hualing intends to invest several hundred million US dollars in Georgia Print Version

2016-05-09

Major Chinese Corporation "Hualing" intends to invest several hundred million US dollars in Georgia, - Prime Minister Giorgi Kvirikashvili and the President of the Corporation Mi Enhua discussed the new investment projects during their meeting today.

Natural gas storage facilities, educational institutions, hospitals, establishment of the air company, development of tea industry and tourism, - investors are interested in implementation of above enumerated projects.

"We have been conducting major investments in Georgia for a few years now. The founder of the company is fond of Georgia and we intend to continue to invest in new projects in the areas of education and energy. Construction of the natural gas storage as well as development of tea industry and tourism are part of our talks. Furthermore, "Hualing" has purchased an air company in China that will enter Georgian market", - Deputy Regional Director of Hualing Wang Hinfu noted after the meeting.

The Government of Georgia will fully support the investors in implementation of the projects. "It is very important that "Hualing Group" brings new air company to Georgi. It has already been registered in Georgia. Two "Boeing 737" type aircrafts that will later be supplemented with the "Boeing 777" plane will conduct flights from Georgia to Europe and Asia. We also discuss the possibility of adding flights to the USA. Furthermore, they have specific plans in terms of stimulation of the tea plantation industry in Georgia as well as fostering culture and tourism to ensure tourist flows between the countries," - Vice Prime Minister, Minister of Economy and Sustainable Development Dimitry Kumsishvili noted after the meeting.

Prime Minister's Press Office