Rothschild & Co eyes creation of special financial zones in Georgia

Georgia Materials 28 January 2022 13:51 (UTC +04:00)
Rothschild & Co eyes creation of special financial zones in Georgia

BAKU, Azerbaijan, Jan. 28

By Maryana Akhmedova – Trend:

Rothschild & Co, one of the world's largest financial groups, that has already launched work on a strategy for transforming Georgia into a regional financial hub, plans to create special international financial zones in Tbilisi and Gonio (Gonio-Kvariati district), Trend reports via the press service of the Government Administration of Georgia.

The issue was discussed at the meeting between Georgia’s Prime Minister Irakli Garibashvili and the representatives of the company.

According to the PM, the government's priority is to ensure that a significant part of the personnel of international companies operating in the financial zones consists of Georgia's citizens, which will give them a unique opportunity for professional and career development.

The meeting also focused on the country's transformation into the regional financial hub, which will eventually result in foreign direct investments inflows, new jobs creation, and sharing modern financial and technological innovations.

Meanwhile, the relevant agreement of Georgia’s transformation into regional financial hub was signed by the PM Garibashvili and the CEO of the Rothschild & Co Arielle Malard de Rothschild in Brussels on December 16, 2021.


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