...

Lithuanian businessmen probe Georgia's investment climate

Armenian-Azerbaijani conflict Materials 4 September 2010 11:04 (UTC +04:00)
Lithuanian businessmen have met with Georgian Prime Minister Nika Gilauri at a business forum to learn more about Georgia's investment environment.
Lithuanian businessmen probe Georgia's investment climate

Georgia, Tbilisi, Sept. 4 / Trend N. Kirtzkhalia /

Lithuanian businessmen have met with Georgian Prime Minister Nika Gilauri at a business forum to learn more about Georgia's investment environment.

Georgia has a lot of market sectors with good investment opportunities, Gilauri told journalists at the forum, which was also attended by his Lithuanian counterpart Andrius Kubilius.

Gilauri cited a lack of mid-level hotels in the Georgian Black Sea resort of Batumi as an area ripe for investment.

"Batumi is a small town, but I cannot remember another city of similar size where there are five top-level hotels - a Sheraton, Kempinski, Redisson, Hilton and a Hyatt," he said. "Theses are great hotels, but hundreds of smaller hotels would well work alongside them. Batumi is attracting more and more tourists, not only Georgians but also Azerbaijanis and Armenians. It is very interesting fact that Armenians and Azerbaijanis vacation together in Georgia."

"Batumi has a very large potential for tourism. There isn't another place on the Black Sea coast where guests can have good hotels, recreation clubs, Georgian hospitality, and Georgian wine and cuisine. Unite all these and it will be enough to succeed," Gilauri added.

Kubilius noted Georgia's successful business climate and said Lithuania is interested in its achievements.

"Your achievements in some areas are so great that it is a cause for jealousy," the Lithuanian prime minister said. "Georgia and its government have achieved much. The fact that Georgia ranks 11th [in world ratings] in ease of doing business is very important. We are only in 20th place," he said .

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest