Georgia is a leading, distinguished country with openness and attractiveness for foreign direct investments, Organisation for Economic Cooperation and Development (OECD) officials said at a meeting with the Deputy Minister of the Ministry of Economy Nikoloz Alavidze yesterday.
OECD officials said that the already implemented and ongoing dynamic economic reforms in the country have made the local investment environment positive, which makes Georgia highly attractive for investors on an international level.
They also added that Georgia is positioned as the leader of the region in this field.
“The preliminary report of the OECD once again clearly underlines the correct economic policy of the Georgian government, and effective reforms which widely open the door for international companies to successfully invest in Georgia“, said the Deputy Minister of the Ministry of Economy Nikoloz Alavidze.
Alavidze said that such an assessment by the OECD is a very important tool for positioning Georgia as an attractive and interesting country for investing. He also said the Ministry of Economy has been given recommendations for further steps to improve the short and long-run plans to be presented at the international forum OECD Eurasia Week 2020, which will be held in March 2020 in Georgia.
A more detailed assessment about the business environment and the attractiveness of Georgia for foreign direct investments will be made at the forum.