Business
Posted: 2 years ago

Georgia Ranks 13th in as FDI Destination According to Bloomberg Study

Bloomberg Media, the world's leading media and analytics company, has released a study that combines an overview of Georgia's leading investment sectors, the country's sustainable economic situation, access to skilled labor, government incentives for foreign investors, and environmental, social, and governance affairs.

The study included 3,351 directors of leading companies from 15 countries, including the United States, the United Kingdom, Japan, China, the Netherlands, Spain, Singapore, Germany, France, and others, who determine their companies' foreign direct investment strategy.

According to Bloomberg Media Studio research, Georgia is a popular investment destination, ranking 13th among major international economies such as the United States, China, and the United Kingdom in terms of investor interest.

According to the following study, over 400 leading international investors are considering investing in Georgia over the next three years. 70% of potential investors are optimistic about the economy, far outnumbering the global average of 55%.

According to the study, 44% of investors planning to invest in Georgia are "very aware" of the country's strengths, which include the country's strategic location, affordable green energy, and a skilled and competitive workforce that is 5% more available than the global average. According to 23% of them, a separate project could cost between $100 and $200 million.

Georgia's strategic location and advantages offer unique opportunities for investors, leading to the entry of international corporations, including Fortune 500 brands and well-known enterprises such as Concentrix, Majorel, EPAM, Viber, and Godel Technologies.