Georgian Market Potential

Georgia is the country not only full of beautiful landscapes but also brimful with attractive opportunities for entrepreneurs. Many international investors have invested big capital in Georgian market with stunning outcomes.

US involvement can be seen across the whole economy, from extraction and export, oil and gas, transport and logistics, energy, tourism, and retail. To run through a few examples, manganese has been Georgia’ the biggest export category for 5 of the last 10 years, responsible for $2.1 billion in exports from 2006-2015. Most of that has been done by Georgian American Alloys, a Florida based company. In oil and gas, BP, which has its biggest group of investors in the USA, in addition to managing gas and oil pipelines, is currently engaged in an upgrade of its Southern Corridor gas pipeline; an investment worth $2 billion in Georgia alone.

Dhabi Group is focused on expending its investments in financial activities through offering strong financial resources and management experiences in emerging and developing markets in Georgia. KSB bank has been one of the investments of Dhabi Group, the largest company in Georgia and the leading business group in the UAE, operating in many spheres of business. Arab investors have already heavily invested in Georgia, including Dhabi Group who pumped $400 million USD into the new Biltmore Hotel Tbilisi.

Sheikh Nahyan, who is also head of the UAE’s Ministry of Culture, Youth and Social Development, confirmed the UAE would continue investing in various sectors of Georgia to support the country’s democratic development. ‘’Georgian land is suitable not only for real estate but it could also be used for various purposes such as establishing recreation, trade, financial and sport centers. We will continue investing in this country,” says the Sheikh.

“We believe in Georgia’s future welfare and we believe in giving opportunities to the great Georgian people and this country itself. Georgians are friendly and hospitable people who create an attractive atmosphere for tourists,” he adds.

Also to mention that Georgian Tourism and hospitality sphere has annual growth of 10% which is an astonishing boost to the Georgian Economy.
Kazakhstan has invested more than $ 300 million. Kazakh & Georgia share the part in Bilateral Tourism, Real Estate, and other business relations. The country has set more than 100 business in Georgia which includes KazTransGaz, Batumi Industrial Holdings, Halyk Bank, BTA Bank, Five Star Rixos Hotel Borjomi etc.

Hualing Group (Private corporation was founded in 1988 in China, Urumqi), started investment in Georgia in 2007 and until now has released following 8 projects: Hualing Tbilisi Sea New City, Hualing Tbilisi Sea Plaza, Tbilisi Sea Residence, Kutaisi Free Industrial Zone, Hualing Hotels & Preference Tbilisi, Hualing Fund Hotel, Hotel in Kutaisi, Wood Development. Company investment capital reaches 500 million US Dollars and the total number of employees is more than 3,000 people.

 Direct Foreign Investment Statistics in Georgian Market

Year

Total

Mil. USD

Q1

Q2

Q3

Q4

2012

911.6

261.2

217.7

199.0

233.7

2013

941.9

252.3

207.9

254.8

226.9

2014

1 758.4

309.5

196.2

726.0

526.7

2015

1 564.5

291.5

462.7

483.2

327.1

2016

1 645.4

388.9

457.7

468.5

330.3

Check out some interesting articles about Georgia and it’s unlimited potential:

World Bank: ,,By 2025 Georgia to be Premier Tourism Destination”

http://georgiatoday.ge/news/2265/World-Bank:-By-2025-Georgia-to-be-Premier-Tourism-Destination

CNN: ,,9 reasons to visit Georgia now!”

http://edition.cnn.com/2015/08/13/travel/reasons-to-visit-georgia/index.html

BBC: ,,First Europeans.1.8million year old hominid were discovered in Georgia”

http://news.bbc.co.uk/2/hi/science/nature/745080.stm

Washingtonpost: ,,Georgian Sweet Grape Puddings (Pelamushi)”  

https://www.washingtonpost.com/pb/recipes/georgian-sweet-grape-puddings-pelamushi/14548/?postshare=3161428240045436