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Georgia sees increase in registration of new Chinese companies

Business Materials 2 June 2021 15:26 (UTC +04:00)
Georgia sees increase in registration of new Chinese companies

BAKU, Azerbaijan, June 2

Tamilla Mammadova – Trend:

Chinese construction contractors are trying in every possible way to use their advantages in Georgia, said Chinese Ambassador to Georgia Li Yan, speaking about the potential of Georgian products in the Chinese market, Trend reports via Georgian media.

“Georgian government officials have repeatedly stated that Chinese infrastructure construction companies are under the supervision of the Georgian government and international financial institutions and, together with companies from other countries, participate in international tenders in a fair and transparent environment. Chinese companies strictly abide by the laws and regulations of China and Georgia, conduct a comprehensive assessment of the proposed tender projects and set prices in this way,” the Chinese ambassador said.

In addition, according to the diplomat, companies registered in Georgia with the participation of China act in accordance with the law, bear social responsibility and actively participate in the economic development of Georgia.

In recent years, Chinese companies have been actively involved in major infrastructure projects in Georgia. The registration of new Chinese companies in Georgia grew in 2017-2019: in 2017 - 125 companies, in 2018 - 133 companies, in 2019 - 178 companies. The exception is 2020, when only 52 Chinese enterprises were registered.

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