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Ministry of Foreign Affairs of Georgia

 

Dimitry Kumsishvili Meets with the President of OPIC

Vice Prime Minister of Georgia Dimitry Kumsishvili, within his official visit to the USA, held a meeting with the President and Chief Executive Officer of the Overseas Private Investment Corporation (OPIC), Elizabeth L. Littlefield. The operation of the OPIC in Georgia was positively estimated at the meeting and it was also noted that the OPIC, with its investment portfolio in Georgia amounting to 0,5 billion USD, provided the support of over 50 projects implemented in the different fields of Georgian economy.   “We had a wonderful meeting with the Vice Prime Minister. We discussed priority sectors of the country where Georgia is interested to receive direct investments. We talked about the tourism, renewable energy, education and healthcare. We also talked about the huge and successful experience that the OPEC had in Georgia in terms of implemented investments. We have invested in more than 50 projects around the country and the total investment amounted to half a billion USD. These projects include Marriott Hotel chain in Tbilisi, dairy production and university programs. We have been investing in Georgia for many years and we still plan to invest in your country in the future. We should focus on such sectors, which are important for the economic promotion and strengthening of the country. This aims to facilitate in creating of new jobs, economic development and improving the quality of life in the regions” - Elizabeth L. Littlefield stated.Since the OPIC finds its experience in the country more than successful, the organization shall continue investing in the priority sectors Georgian economy, including tourism, agriculture, renewable energy, education, healthcare and many others. Vice Prime Minister Dimitry Kumsishvili expressed gratefulness to Elizabeth L. Littlefield for all those successful projects which were implemented in Georgia due to the OPIC support. The Minister also discussed the significance of the Anaklia Deep Sea Port Project for the country as well as for the whole region and offered the OPEC Chief Executive Officer to participate in it. Dimitry Kumsishvili expressed hopes that the OPEC shall soon become the investor of the Anaklia Deep Sea Port Project.Simultaneously to the meeting, an exhibition of the products produced by the successful enterprises with the support of the OPEC was held at the office of the organization. Products, including wine and dairy, produced by the several Georgian companies were introduced at the exhibition.

 
 
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