Georgia, Tbilisi, Feb.4 / N. Kirtskhalia /
Egyptian operator of Kutaisi industrial zone "Fresh", despite the unrest in Egypt, has not changed its business plans in Georgia, the Georgian partner of the company said in an interview with Kommersant radio.
According to Mikhael Tigishvili, unrest in the Arab countries will not have any affect in terms of investment plans.
In the first quarter of 2010, Egypt invested $ 18 million in Georgia, while in 2009 investments totaled $ 55 million. Syria invested $ 3.4 million in Georgia in 2010. UAE is the major investor, which in the second and third quarters of last year invested $ 12 and $ 13 million respectively, and in 2009 - $ 162 million.
According to Tigishvili, that which is planned by the Egyptian partners will certainly be fulfilled. He said that Arab businessmen are optimistic. However, the important thing is that the situation stabilized. According to Tigishvili, by the end of the week banks in Egypt will resume the operation and the situation will stabilize.