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Sunday, 23 October 2016


Gilauri to discuss investments in Georgian economy in Israel

2009-07-15 13:45

Growth of bilateral cooperation and attraction of new Israeli investment to Georgian economy will be two major topics of talks between Israeli leaders and Georgian Prime Minister Nica Gilauri as he told journalists today on his arrival in Tel Aviv, ITAR-TASS reports with reference to Georgian TV channels.


Additionally Gilauri will take part in Georgian-Israeli business forum to be attended by 25 major entrepreneurs of Israel.

"Israeli businessmen have always been very active on the Georgian market. We hope they will be even more active", - he said.

Georgian government press service also informed about planned meetings between Gilauri and President Shimon Peres and Vice Prime Minister Silvan Shalom.

Georgian Prime Minister's visit to Israel will last for three days.

As Georgia Times already reported Israel is presently hosting Georgian Minister of Economic Development Lasha Zhvania.

According to the Georgian Ministry's press service he is negotiating with representatives of Ashra state insurance company that insures Israeli investments abroad. The company was actively operating in Georgia too but after last year's August events the company withdrew.

The Ministry of Economic Development held effective talks with Ashra Company on resumption of operation in Georgia in three months' time. Thus in the near future the signature of memorandum stipulating Ashra's insurance of the first project estimated at USD 20 million is expected at the time of Lasha Zhvania's visit.

This is a pan-Georgian construction project (in Tbilisi and on periphery) to build 23 hospitals, 815 beds in total.


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