Business
Posted: 2 weeks ago

Sectors Georgia has Potential to Attract Investment

Galt & Taggart has published a study that discusses the sectors in which Georgia has the potential to attract investment.

"According to the United Nations Conference on Trade and Development (UNCTAD), global FDI is expected to fall by 40% globally by 2020, and for the first time in 15 years, the FDI will fall below USD 1 trillion. The largest decline in FDI will be observed in developing countries. Investment is expected to increase from 2022 onwards.

According to the Enodoeconomics Reshoring Index, supply chain diversification has become more urgent in the pandemic environment.

The sectors in which Georgia has the potential to attract investment look like this:

  • Textile, clothing and leather production;
  • Production of cars/car parts;
  • Medicines and other chemical production;
  • Production of electronic products;
  • Transport and storage;
  • Outsourcing business processes.