The decision to invest $6 billion in foreign direct investment in Georgia confirms that the country is becoming an even more attractive place on the investment map, - this is how First Vice Prime Minister Levan Davitashvili assessed the agreement signed during the Prime Minister's visit to Abu Dhabi on investing $6 billion in Georgia.

According to the Minister of Economy and Sustainable Development, foreign direct investment of such a scale has never been implemented in our country.

According to him, this is not only a significant contribution to the economy, which will stimulate economic growth, but it can also have a significant effect in terms of attracting foreign direct investment.

As Levan Davitashvili noted, the decision to invest 6 billion was made by a company, the investment policy of which is followed by many developers and internationally successful companies.

“This, of course, is due to the favorable, stable economic situation created in our country, as well as the investment climate and business environment. Of course, all of this was the motivator for making this investment decision, although it should also be noted that bilateral cooperation with the United Arab Emirates is at a particularly high level in the political, economic, and tourism sectors,” said Levan Davitashvili.

In addition, the First Vice Prime Minister noted that the direct involvement of the Federal Government of the United Arab Emirates and the President himself was important for the company to make this investment decision.

“It can be said directly that this is not just a private investment. In this case, the Abu Dhabi government will also be actively represented as an investor.

With this investment, I think, bilateral cooperation with this country in general is entering a new stage, we have done a lot of work for this. One of the first countries was Georgia, which reached the so-called Comprehensive Economic Cooperation Agreement with the United Arab Emirates - this agreement officially entered into force last year, one of the continuations of this is the implementation of such significant investments in Georgia, which is only the beginning of close economic cooperation between the two countries’, - said Levan Davitashvili.