Power engineering Georgia’s most attractive investment sector in 2011
Georgia, Tbilisi, Aug. 23 / Trend N. Kirtzkhalia /
The energy sector had the largest share of foreign direct investments (FDI) in 2011, the Georgian Statistics Agency reported today. Georgia received $1.117.2 billion investments in 2011, or 34 percent more than in 2010.
Roughly $204 million were invested in power engineering or 12 times more than in 2010.
First Deputy Energy Minister Mariam Valishvili said the energy sector remains an attractive sector for foreign investments. She said that the ministry planned to implement several major projects. This helps to attract additional investments and to create jobs.