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Japanese corporation interested in production of ‘green hydrogen’ in Georgia

Oil&Gas Materials 29 July 2021 12:23 (UTC +04:00)
Japanese corporation interested in production of ‘green hydrogen’ in Georgia

BAKU, Azerbaijan, July 29

By Klavdiya Romakayeva - Trend:

Japanese Toyota Tsusho Corporation interested in production of ‘green hydrogen’ in Georgia, Trend reports citing Georgian media.

The mentioned issue was discussed by the Minister of Economy and Sustainable Development Natia Turnava of Georgia and the delegation of Toyota Tsusho Corporation.

At the meeting, the minister briefed the Japanese side on the current economic trends in Georgia and the investment and business environment. According to Turnava, there are a number of agreements between Georgia and Japan aimed at further development of bilateral economic ties.

In turn, the representatives of Toyota Tsusho expressed special interest in the energy of Georgia, including the so-called production of ‘green hydrogen’. It was noted that Georgia has great potential in this regard.

“Large Japanese corporations have recently shown more and more interest in investing in Georgia. Toyota Group is already represented in the Georgian market. However, it is possible that this company will also become an investor interested in energy, including the production of green hydrogen. We are developing this innovative direction, and we think we will be able to implement a pilot program," Turnava said.

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Follow the author on Twitter: @romakayeva

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