Economy
Posted:
4 years ago
Tornike Rizhvadze: Adjara Region’s Investment Portfolio Makes up 4 billion GEL
“Adjara Region’s investment portfolio makes up 4 billion GEL. This project will employ 6000 persons”, Adjara Government chairman Tornike Rizhvadze told the first government meeting in 2020.
At the meeting Tornike Rizhvadze analyzed the 2019 investment projects and discussed the 2020 plans.
We should keep promoting business activities and creating new job places, the Adjara Government’s chairman noted.
“Last year, as part of the investment promotion program, more than 45 projects were resumed in Adjara with more than 1 billion GEL investment portfolio. It is important to continue promotion of business and creating new job places in Adjara. I would like to note that in 2018, under the official statistics, 2 000 new job places were created in Adjara and we plan to create 6000 new job places in 2020.
All macroeconomic indicators are growing in the region, including in the part of foreign direct investments. According to January-September reports, we have 43% upturn. The investment portfolio makes up 4 billion GEL and this fact proves we have healthy investment environment.
It should be also noted we have impressive figures in terms of budget fulfillment – 95%”, Tornike Rizhvadze noted.