Ambassador of Japan to Georgia on Chances of Country Taking Japanese Businesses

"Georgia has a great opportunity to take on Japanese businesses now," Tadaharu Uehara, Ambassador of Japan to Georgia, told BMG and Forbes Georgia.

According to him, South Asian countries are quite familiar to Japanese companies, so some are thinking of moving part of their production there, but according to the ambassador, they also welcome new opportunities, such as Georgia.

"I would really like Georgian companies to offer competitive offers to Japanese companies. This is good for Georgian companies as well. If Georgian companies participate in the supply chain, I think it will be a great opportunity for Georgian businesses to further increase their competitiveness," said the Japanese ambassador.

Recall, a few months ago the Japanese government announced that it intends to mobilize $ 2.2 billion to bring Japanese businesses out of China.

"Risk management theory tells us not to put all the eggs in one basket. This strategy has long been discussed in Japan. It did not happen suddenly. We see that the accumulation of Japanese businesses in China is really huge. That is why supply chain management needs to be diversified - relocating the logistics center as well as the production facilities as much as possible. I am not saying that China has a problem. We have the largest business connections with China. That's why we found out one day that the accumulation of Japanese businesses in China is huge," the ambassador said. According to him, gathering Japanese businesses in one country is not a good idea in terms of risk management.

According to Tadaharu Uehara, that is why Japan has decided to partially remove its manufacturing and logistics centers from China.