South Korean companies interested in business in Georgia
Georgia, Tbilisi, Oct. 14 /Trend, N.Kirtskhalia/
South Korean businessmen are interested in business in Georgia, Minister of Economy and Sustainable Development of Georgia Vera Kobalia, who is on a working visit to Korea, told Georgian journalists.
The Georgian delegation held meetings with representatives of individual companies and corporations, and acquainted them with the investment environment in Georgia.
According to Kobalia, after Georgian embassy was opened in South Korea, local businessmen began to display keen interest in Georgia. According to her, Georgia has favorable conditions for trade with other countries, liberal tax system, skilled workforce and great export potential, which attracts foreign businessmen.
"We met with representatives of public and private sector. In recent years, representatives of Korean companies have arrived in Georgia and got acquainted with our investment environment. Among them, there is a company that has an annual turnover worth $100 billion. It was interested in projects in energy, transport and logistics," said the Minister.
According to Kobalia, it was decided to develop a package of investment proposals for representatives of major Korean companies, which will come and get acquainted with the situation.