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PM's Package To The Investors - EUGBC Awaits the Investors Council Meeting

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Natia Taktakishvili
17.02.22 19:00
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The meeting of the Investors' Council is expected to be held late in February, - according to EUGBC Secretary General Sandro Chumburidze.

The point is that the EUGBC has prepared a special offer package to encourage the attraction of foreign direct investment in the country. The conditional name of the document is "Prime Minister's Package for Investors".

"We prepared a draft proposal, but to be honest, we did not see much interest, so we did not send this proposal to the government. We plan to discuss this issue with the Investors' Council again. As for our offer, there must be the will and desire to do so. What is happening in the economy, no one can understand and I do not feel optimistic about this issue.

According to our proposal, a unified package should be created, where everything will be carefully described. We will call it the "Prime Minister's Package". It does not matter who will be the Prime Minister, Irakli Gharibashvili or others, it should be an unchangeable package of the Prime Minister, which will increase the interest of investors in Georgia. Investors must have a guarantee on entry, all points must be written down, how long the investor enters, whether the land will be transferred or not, whether he will have to pay taxes in the first year or not. "If you are not interested, no one will come," said Sandro Chumburidze.

According to him, he will talk about the offer in more detail after the Investors' Council meeting.

EUGBC plans to consider the process of reforming state-owned enterprises at a meeting of the Investors' Council as well.