Home / Business / Kazakh Investors May Co-Fund Machakhela HPP Project Implementation

Kazakh Investors May Co-Fund Machakhela HPP Project Implementation

Kazakh investments may be made in the Machakhela HPP project implementation. Kazakh investors may co-participate in the project implementation process.

At this stage, feasibility studies are being carried out, Liza Tavdumadze, head of the investment projects department of the Energy Ministry told the Business Contact.

As to the business forum organized by Forbes Georgia and Forbes Kazakhstan, this event is of crucial importance for investors in terms of the sector development, Tavdumadze said.

“This is a high-level event with participation of Ministers and Deputy Ministers. Therefore, the level of confidence is high. The parties have established communication. Similar forums are held in various countries to raise interest in various issues”, Tavdumadze noted.

Kazakh investments have already successfully implemented in the energy project in Georgia, namely, Bakhvi HP construction, Tavdumadze noted.