Business
Posted: 4 years ago

Mikheil Khidureli: We have Unique Opportunity to Become New Relocation Target for Foreign Companies

According to Mikheil Khidureli, the head of "Produce in Georgia", more than 400 companies have been identified and will try to transfer their labor force to Georgia in the conditions of relocation.

"We are holding very active negotiations with various donor organizations. We will focus on attracting foreign direct investment. Georgia is given a new chance to be prepared for specific offers in the conditions of relocation when the companies leave China.

These offers will be based on the priorities and advantages that the country has, but this will be added to the new most important advantage, which is to deal with the virus and the status of a safe country, which we have today with the recognition of the world.

We have a specific plan with priorities. We have found more than 400 companies that can be relocated to Georgia in the near future, as most of them have operations in China, as well as a key market in Europe.

Everyone will try to shorten the supply chain, and we are in an ideal location- we are geographically part of Europe, and the free trade agreements we have with China and the European Union give us a unique opportunity to become a new relocation target for such companies."