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maya grigolia

PMCG: Chinese Investments will Grow in Wine, Finance and Internet Sectors

Georgia’s exports to China will increase by about 30% upon enforcement of the free trade regime wit China, Maia Grigolia, researcher for PMCG research organization, told the Business Morning program.

“This is a very good indicator. Exports will particularly increase in the sector of wines and alcoholic beverages. According to the research, the growth will be significant and it will make positive influence on economic indicators”, Maia Grigolia noted based on PMCG research covering the results from free trade regime with China in 2015.

The agreement will definitely increase an inflow of Chinese investments to Georgia. The research has also outlined the sectors, where Chinese investments will be made, she added.

“All international reports prove that free trade regime always bring a growth in investment inflows and this is especially expected from China to Georgia. Chinese investors show special interest in the sectors of finances, wine, communication, Internet, high technologies”, Maia Grigolia noted.

The free trade regime with China will come into force in 2017, Minister of Economy Dimitri Kumsishvili said.