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Davos’16: Meeting With the President of the European Investment Bank

Davos’16: Meeting With the President of the European Investment Bank

The Prime Minister of Georgia and President of the European Investment Bank (the EIB) Werner Hoyer discussed progress of the infrastructural projects in Georgia financed by the EIB and the next stages of cooperation.

Their meeting took place within the frames of Davos World Economic Forum. As stated by the President of the Bank, Georgia enters in the list of three non-EU countries that implements operations of the EIB efficiently.

Pursuant to the head of the EIB, the Bank is still interested in execution of the projects, which will empower small and middle business in Georgia. The amount of funds allocated by the EIB to Georgia equals 480 mln Euros in public sector and 165 mln Euros in private sector.