The Georgia Investors’ Day conference was held at the London Stock Exchange , with Mamuka Bakhtadze, Prime Minister of Georgia, opened the trading, GeorgiaToday reports.
The event was organized by Galt&Taggart and saw 130 large investment companies in attendance.
The Georgian PM addressed the audience and spoke about the investment climate in his country and the already implemented and planned reforms. The macroeconomic indicators were presented by Giorgi Kobulia, Minister of Economy and Sustainable Development of Georgia.
"It was a very good opportunity for us to share information with investors on the reforms implemented in Georgia and the ambitious plans that we have towards transforming Georgia into a regional hub,” the PM noted. “Great interest has been clearly seen in investing in Georgia and it will enable more Georgian companies to be traded at the London Stock Exchange. Our key goal is to integrate the country more effectively into the global economy.”
According to Nikhil Rathi, CEO of the London Stock Exchange, Bakhtadze’s opening of the trading was an honor. He emphasized that the London Stock Exchange has a long history of successful cooperation with both large and small Georgian companies.
“I believe that this partnership demonstrates that the global markets concentrated in London are excited by the existent opportunities in Georgia as well as its prospects for economic growth. It is a country with 5% economic growth, low tax rates, a low debt level, a highly skilled population and with a strong focus on renewable energy. We are excited to cooperate with the Government of Georgia, Prime Minister Bakhtadze and his team,” Rathi said.
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