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Georgian Prime Minister: Growth of Investment Shows the Confidence in the Government

Increased investment in the Georgian economy in 2014 indicates a high level of confidence in the country and the government,  Prime Minister Irakli Garibashvili says.
The head of government commented on the reports  about the record amount of investments in Georgia in 2014.

“In 2014, direct investment increased in comparison with 2013. This gives grounds for optimism, as the growth was  recorded  at a time when economic and political situation in the region remains very difficult and touched everyone. This means that confidence in the country and the government as a whole is growing and. Direct investments in 2014 amounted to $ 1.2 billion which is 39% more than in 2013. In the same period, reinvestment amounted to 21%, “- Irakli Garibashvili notes.

According to him, three sectors of the economy were determined that are of most interest among investors and account for 64% of the total investment – $ 343 million were invested in  the transport and communications invested (27% of the total volume), $ 295 million-  in the construction, $ 174 million – in the processing industry.