Georgia received USD 1.6 billion of direct foreign investments during 2023, which was 24% less than in 2022.
BMG requested information from the National Statistics Office of Georgia, on the companies in which the largest investments were made in 2023.
According to Geostat, they cannot make public the volume of investments made by companies, but Geostat notes, that all the listed companies are the largest investors, although they are not sorted in a particular order.
JSC "Pontus", which is engaged in the development of a five-star resort in Gonio, was included in the list for the first time. The project is a Russian investment. A relatively new member of the rating is "Excelus Holdings LLC", subsidiary of the Singapore company Indorama Holding. The company is the new owner of JSC Rustavi Azot plant.
Companies That Invested The Most In Georgia In 2023
JSC Telasi
IDS Borjomi Georgia, LTD Georgian Branch of IDS Borjomi Beverages Company
LLC MagtiCom
LLC Tbilisi Energy
LLC HeidelbergCement Georgia
LLC Toyota Caucasus
JSC Georgia Global Utilities (Owner of GWP)
JSC BGEO Group
LLC Excelus Holdings, new owner of JSC Rustavi Azot
