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IFC ON INVESTMENTS
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Tuesday, January 26
A study published by IFC, the International Finance Corporation,
which is a daughter company of the World Bank, shows that the most
attractive of the former Soviet republics for making investments in are
Latvia, Lithuania, Moldova and Armenia. Georgia, Azerbaijan, Estonia
and Uzbekistan are the next most attractive, then Ukraine, Kazakhstan
and Tajikistan, with Kyrgyzstan, Russia and Belarus at the bottom of
the list. The list has been drawn up by assessing the activities of
Governments and different institutions in the various countries.
Georgia has budgeted to receive USD 2 billion in Foreign Direct
Investment in 2010. This is an optimistic assessment, think independent
analysts. They point out that in 2009 a similar sum was expected but
only around one quarter of this arrived.
Economic analyst Solomon Pavliashvili thinks that at least USD 1
billion in FDI is needed to guarantee economic growth in Georgia. The
2010 Georgian budget projects growth of 2%.
Messenger.ge
Tuesday, January 26
A study published by IFC, the International Finance Corporation,
which is a daughter company of the World Bank, shows that the most
attractive of the former Soviet republics for making investments in are
Latvia, Lithuania, Moldova and Armenia. Georgia, Azerbaijan, Estonia
and Uzbekistan are the next most attractive, then Ukraine, Kazakhstan
and Tajikistan, with Kyrgyzstan, Russia and Belarus at the bottom of
the list. The list has been drawn up by assessing the activities of
Governments and different institutions in the various countries.
Georgia has budgeted to receive USD 2 billion in Foreign Direct
Investment in 2010. This is an optimistic assessment, think independent
analysts. They point out that in 2009 a similar sum was expected but
only around one quarter of this arrived.
Economic analyst Solomon Pavliashvili thinks that at least USD 1
billion in FDI is needed to guarantee economic growth in Georgia. The
2010 Georgian budget projects growth of 2%.