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Georgia Willing to Draw in Foreign Investments in Development of Hydro-Power Engineering

Oil&Gas Materials 30 October 2008 17:16 (UTC +04:00)

Georgia, Tbilisi, 30 October/ Trend , corr N. Kirtskhalia/ Energy Minister of Georgia Alexander Khetaguri met with the potential Scandinavian investors and informed them about the hydro-power potential of Georgia within the frames of the visit of President Mikheil Saakashvili to Norway.

At the meeting with the managers of Norwegian companies, Khetaguri presented hydro-power potential of Georgia and informed them of plans to build large and small hydro-power stations included in the list of potential alternative sources.

He said Georgia possesses all conditions to develop its hydro-power potential and Georgian authorities are prepared to cooperate with all investors.

The correspondent can be contacted at: [email protected]

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