PRESIDENT OF OPIC PRAISES PROGRESS OF GEORGIA IN IMPROVING ITS INVESTMENT CLIMATE AND ECONOMIC DEVELOPMENT Print Version

2018-09-18

-----

"Economy of Georgia is open for investments" noted Ray Washburne, President of the Overseas Private Investment Corporation (OPIC) at a meeting with Mamuka Bakhtadze, Prime Minister of Georgia during his Working Visit to USA.

Head of the Government of Georgia and President of OPIC discussed the pipeline of projects intended by the corporation in logistics, trade, tourism and information technologies of the Georgia.

President of OPIC praised the progress achieved by the country towards improving its investment climate and economic development. It was also noted that Georgia plays an important role in the long-term plans of the corporation.

According to Ray Washburne, Georgia is the best partner in the region and plans to create a logistics hub through partnership of the Government of Georgia and OPIC.

Prime Minister expressed his gratitude to the President of OPIC for the effective performance of the corporation in the country and for increasing the investment budget for Georgia, for soliciting additional resources and implementation of projects of greater magnitude, as well as for prioritizing Georgia within the global investment portfolio of OPIC.

In the opinion of Mamuka Bakhtadze, Government of Georgia will do its best to nurture the projects of the corporation in the country, as OPIC is the investment of American people, which ultimately lead to higher standards, greater quality and intensified strategic relations with the United States.

Prime Minister's Press Office