30 November 2024,   06:51
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The Government offers to business natural resources in privatization drive

The Ministry of Economy is offering natural resources for privatization in addition to other state-owned assets offered through the “100 investment projects for business” program. Such a statement made the Prime Minister of Georpgoa.
According to Giorgi Gakharia, this will create an opportunity for an additional 120 million GEL to be invested in the economy in the coming years.
“The management of natural resources is a priority for the Georgian government. We are implementing important projects in order to manage natural resources efficiently and to be in compliance with environmental standards.
The private sector is the key to create new jobs and develop the country"s economy.

The project “100 investment projects for business” implemented by the Economy Ministry in late November 2019 was successful and said that more than 38 state-owned assets have already been privatized.
State-owned assets which are ineffectively distributed among different state agencies or are not identified at all should be involved in the Georgian economy. Privatization is important to create new jobs, to attract new investments and develop the economy. The list of the assets offered to businesses for privatisation will never be less than 100”, - concluded the Head of the Government.

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