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Keeping investments in Georgia at the same level will be hard - experts

2010-07-09 18:29

Nodar Khaduri, the expert for economy issues, thinks keeping foreign investments at the level of 2009 will be hard - Business-Gruzia.


According to Khaduri, in the first quarter of 2010 the volume of investments amounted no more than USD 80 mln, and on this background keeping the last year's rate would be difficult.  

Khaduri claimed that for luring investments the wish of the government alone isn't enough. In his view, the foreign investors themselves must be interested in it. For this purpose a number of measures must be taken, in particular, normalize relations with Russia and drive the country to stability.

According to the government's prediction, the investment inflow must stay at the same level or, in the best case, increase by USD 1bn.

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