On 21 March, the EU presented its External Investment Plan (EIP) at a regional launch event in the Georgian capital Tbilisi. Under this plan, the EU will mobilise investments from the public and private sector from 2017 to 2020 for more than 70 economies around the world, including Georgia and the other Eastern Partner countries.
The EIP will aim to boost investment and support more inclusive and sustainable development in the European Neighbourhood countries, including Georgia.
The event in Tbilisi is part of a series of outreach events for private and public sectors across the region. These events have brought together national authorities, business communities, private sector businesses, partner international financial institutions and other stakeholders to discuss investment opportunities in various sectors and to provide an opportunity to network with key private and public sector stakeholders.
Katarina Mathernova, Deputy Director-General for Neighbourhood Policy and Enlargement Negotiations highlighted that the EIP is another sign of the strong commitment from the EU to encourage and help boost economic growth through private and public investment in Georgia, as well as other Eastern Partner countries.
“Our partnership approach is geared at promoting entrepreneurship, trade and new investment opportunities. This is in view to address obstacles to growth, to promote inclusive growth and job creation, and to deepen economic integration,” she said.
The EIP responds to ambitious political objectives and aims at mobilising a large volume of investments (especially from the private sector) to fulfil economic and social development in EU partner countries.
