Paata Trapaidze, Owner & CEO - Caucasus Road Project Ltd told Forbes Week, that Bidzina Ivanishvili is the only investor today.
He believes that the investment environment in Georgia must be open and competitive. Trapaidze notes that the country should not have the only investor.
“Today, Mr. Bidzina Ivanishvili is the only investor. It is very bad. When the country has the sole investor, it is called feudalism. The business environment must be open. We should be holding conferences, spreading the word that competition in this country is open. For, only competition triggers development. This is what makes me down the most,” said Trapaidze.
According to the head of the Caucasus Road Project, during the rule of the Georgian Dream, the country lost some opportunities and the Georgian economy cannot develop only by investing in agriculture.
"We need to talk about the wasted opportunities today," he said.
See all the news
Kazakhstan’s Share of Bitcoin Mining Increases Sixfold Surging to Third Place Worldwide
Israel Bans Travel In Georgia From July 30
Novartis Prostate Cancer Drug Receives U.S. FDA Breakthrough Designation
Mymarket-ის აპლიკაცია ჩაშვებულია!
The Success of 5 Georgian Wines at Sommeliers Choice Awards 2021
მანინო უწერა - ახალი სასტუმრო რაჭაში
სილამაზის ინდუსტრიის გამოწვევები და #AVON-ის ფინანსური მაჩვენებლები
Investors in Georgia discover that Ease of Doing Business rankings can be deceptive
Baia Kvitsiani to Replace Mariam Kvrivishvili In The Parliament
Who Is Vazil Hudak?
PM Appoints Vazil Hudak As A Special Advisor on Attracting FDI
Exclusive Follow-Up/Interview with Selim Cakir, IMF Representative in Georgia
Czech Development Agency Delegation to Visit Georgia
GNCC demands reversal of a transaction on which they don’t have a jurisdiction - Law Professor
ფარმადეპო: „მედიკამენტები 1 ლარად“ - ქეთი კოზმანაშვილი ქალების ნარატივში
Georgia amends transfer pricing rules for APAs, reduces thresholds
We paid for 100% of shares of Caucasus Online in 2019 - NEQSOL Holding
“Only the courts have the right to determine the legality of the purchase of Caucasus Online", - NEQSOL Holding
Venice Commission: current version of the law does not demonstrate legitimacy and the proportionality test is not met either