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Minister: Turkish investors’ interest in Georgia increases

Business Materials 28 January 2011 18:48

Georgia, Tbilisi, Jan.28 / Trend N. Kirtskhalia /

Tourism, agriculture, shipbuilding, and textile industry is an incomplete list of those spheres in which Turkish investors are interested, Georgian Economy and Sustainable Development Minister Vera Kobalia, who recently paid a visit to Turkey, said today.

According to the Georgian Economy, Ministry, Kobalia acquainted potential investors with investment projects of state significance implemented in Georgia. Many of them are interested in Anaklia, Kobuleti and Mestia, and expressed a desire to join the projects implemented there, and some wanted to start new business directions in Georgia.

For example, at a meeting with the minister, Ersan Bakani, the head of one of Turkey's largest shipbuilding companies, Cenk, said that he is going to come to Georgia and choose a place to build a shipyard on the coast in the near future.

Ata Holding, one of the largest companies in Turkey, plans to open a representation office in Tbilisi. The company has large tourist complexes in Turkey, textile enterprises, a chain of restaurants, and building materials production in its balance.

Georgian Economy Minister's meeting was in the Georgian-Turkish Foundation for Culture and Education, one of the leaders of which is Turkey's richest man Ismen Acar. He controls the largest multi-sectoral company, Acar Holding, and plans to invest in Georgia. Businessman is interested in tourism projects in Georgia, particularly in Anaklia.
It has also become known that an agreement on the construction of a large multi-sectoral hospital in Batumi by Medical Park will be signed in the coming days.

The next meeting with the Turkish investors will take place in Georgia. Contracts will be signed during the meeting.

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