Creation of Georgia’s investment fund nearing completion
Procedures for the establishment of co-investment Fund of Georgia will complete in the near future, Prime Minister Bidzina Ivanishvili told reporters on June 27.
According to him, to date, the fund has accumulated $5 billion dollars, and the number of people willing to invest in it is increasing.
"In the case of cost-effective and well-calculated projects the fund is ready to offer 25 to 75 percent of co-financing. Projects can be offered in any field," Ivanishvili said.
According to him, the Georgian market is very interesting - it's small, but logistically beneficial and it can be used to create a billion-dollar business.
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