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ADB Identifies Key Sectors for Private Investment in Armenia and Georgia

ADB
Arshaluis Mgdesyan
04.09.24 22:15
82

In an interview with BMG, Mr. David Urbaneja-Furelos from the Asian Development Bank (ADB) outlined the most attractive sectors for private investments in Armenia and Georgia.

He emphasized the importance of energy projects, particularly renewable energy sources like solar, wind, and hydro, as critical components of the digital infrastructure ecosystem.

Urbaneja-Furelos also highlighted the significance of investing in human capital and education to develop the skills needed for emerging technologies.

He identified access to the latest information and knowledge as crucial challenges for private investors in the region, along with securing appropriate financing through various channels such as bond markets, loan markets, and equity investments.

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