On October 4, 2011, Georgias prime minister delivered a speech at a business forum in Singapore organized by the Financial Times entitled “Invest in Georgia: the Gateway to Europe”. During his speech, Georgian Prime Minister Nika Gilauri informed the audience about the current business climate in Georgia and the investment potential the country offers."Our main goal is to create a comfortable environment for the private sector. We have already achieved results on this. It is necessary to look at all the laws and regulations in terms of the private sector. We have aimed to create such an environment where corruption would equal zero, taxes would be low and the logistics would be efficient.
Within the framework of the forum, the audience was also addressed by Vera Kobalia, Minister of Economy and Sustainable Development of Georgia who, during her speech, emphasized the key aspects to the economic success of the country. She underscored the fact that doing business in Georgia is cheap, quick and clean. The minister also added; “all our reforms, all our policies, all our investment has gone into creating a physical and legal environment, external trade regimes and tax relations, where business would be comfortable to use Georgia as a production and logistical hub serving the markets of their choice.”
The Georgian delegation also met Ms. Lisa Perotti Brown, Singapores only master of wine. GNIA Director, Keti Bochorishvili, handed over several bottles of Georgian wine to Ms. Perotti Brown so that she would have the opportunity to sample the taste of Georgian wine before she arrives in Georgia as a guest of honor to participate at a major Georgian beverages trade show organized by the GNIA scheduled for 25-26 November in Tbilisi. The trade show will host more than hundred traders and buyers from around the world.
At the end of the forum, Nika Gilauri summarized the achievements Georgia has made and pointed out the fact that "there is a great interest in Georgia in Singapore in view of making investments within [the] energy sector, as well as in oil-processing and the metallurgy sectors. In today's situation, when the worlds economy does not increase at such high rates as it was anticipated, investors search for new places and new countries to renew their investments. Today, it is obvious that Georgia is one of such countries.”
