Partnership Fund of Georgia and CEFC, one of the major companies of People’s Republic of China, have signed an agreement on establishment of a joint fund.
Official signing ceremony was held in Beijing on May 14-15 as part of One Belt, One Road for International Cooperation Forum.
Under the agreement, National Fund for Revival of Georgia will develop a new investment platform and steady financial instrument for implementing business projects in Georgia.
Infrastructure, power system, agriculture, industry, tourism and other are fields, where the fund will make investments. The authorized capital of the fund is 50 million USD.