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Chinese companies intend to participate in major infrastructure projects in Georgia

Georgia Materials 28 May 2014 17:42 (UTC +04:00)
Georgia’s Deputy Minister of Economy and Sustainable Development, Ketevan Bochorishvili has met with the vice president of China’s Harbin Electric Group company and representatives of the China Harbour Engeneering company.
Chinese companies intend to participate in major infrastructure projects in Georgia

Tbilisi, Georgia, May 28
By Nana Kirtzkhalia - Trend:

Georgia's Deputy Minister of Economy and Sustainable Development, Ketevan Bochorishvili has met with the vice president of China's Harbin Electric Group company and representatives of the China Harbour Engeneering company.

The Chinese investors have visited Georgia at the invitation of the country's Ministry of Economy and Sustainable Development.

The Chinese companies are interested in implementing major infrastructure projects, the ministry said on May 28.

The meeting participants had discussions on construction of a hydro power plant and a port.

Moreover, the Harbin Electric Corporation company expressed interest in the solid waste treatment project and co-financing of major infrastructure projects.

Harbin Electric Corporation is one of the largest companies in China, which produces equipment for power plants. The company's annual income is $3.36 billion.

The China Harbour Engeneering company has over 60 branches in around 80 countries. It mainly operates in the spheres of transport, road and bridge construction.

During the two-day visit, the Chinese investors are expected to meet with the heads of the country's Partnership Fund and the Co-Investment Fund.

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