Georgia has been ranked 13th among the United States, Great Britain, China and the world’s major economies in Bloomberg Media’s recent ranking for investor interest, economy minister Levan Davitashvili said on Monday.
Davitashvili highlighted the ranking by a leading international media and analytical group, noting 3,351 heads of leading companies in 15 countries had named Georgia as a “popular destination” for making investments for the index. Davitashvili said the country’s key investment sectors, “sustainable economic situation, access to skilled workforce, government incentives for foreign investors, environmental, social and governance-related questions” had been taken into consideration for the ranking, and added the study showed over 400 leading international investors were considering investing in Georgia in the next three years, while 70 percent of interested investors were optimistic about the country’s economy, which he said was “significantly higher than the global average of 55 percent”.
The minister also cited the study as saying the country’s “strategic location and the advantages the local authorities had ensured for investors” had led to the entry of such international companies into Georgia as Fortune 500 brands Concentrix, Majorel, EPAM, Viber and Godel Technologies.
