The Chairman of the International Investors Association of Georgia, Mr. Osman Chalishkan Mzhavanadze, paid an introductory visit to the T.C. Kemalpaşa Governor to Mr. Recep Gündüz, and wished him success. Today, the Chairman of the International Investors Association of Georgia, Mr. Osman Chalishkan Mzhavanadze, paid an introductory visit to the T.C. Kemalpaşa Governor to Mr. Recep Gündüz, and wished him success. During the meeting they discussed problems caused by coronavirus on the economy, the improvement of the business environment and the development of new strategies and ways of development. The Governor of the city of Kemalpaşa, Mr. Recep Gunduz, thanked Mr. Osman for their visit.

The Government of Georgia has approved the state program to support foreign investment  projects. The program will be implemented by the agency Enterprise Georgia, who had been working on developing the program for past several months.  The goal of the program is to promote the growth of foreign direct investments in country, the inflow of technology and the creation of new jobs. The FDI grant incentive applies to following economic sectors:

• Production of electrical and electronic engineering products;

• Manufacturing of aircraft parts and components;

• Manufacture of vehicles and equipment, as well as their parts;

• Export of business services/ business process outsourcing (BPO);

• Developing Warehouses and logistic centers;

• Aircraft repair and maintenance (MRO); The eligibility criteria includes:

• An international company participating in the program will have obligation to invest at least 10 million GEL and create minimum 150 jobs.

• For companies operating in the field of business process outsourcing (BPO), the minimum amount of investment equals 5 million GEL (~1.5 mln USD), with a creation of at least 200 new jobs.

Upon fulfillment of the investment obligation, Companies will get cashback of up to 1 million GEL (~300 thsd. USD).

Companies, interested in applying to the program, have to send an application to Enterprise Georgia along with their investment project business strategy. A relevant agreement is concluded between the agency and the investor, by which the investor undertakes the investment commitment and starts the implementation of the project, the maximum term of which is 39 months.

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The Chairman of the International Investors Association of Georgia, Mr. Osman Chalishkan Mzhavanadze, paid an introductory visit to the Consul General of the Republic of Turkey in Batumi, Mr. Riza Kagan Yilmaz, and On behalf of the association wished her success. During the meeting they discussed problems caused by coronavirus on the economy, the improvement of the business environment and the development of new strategies and ways of development. also, Mr. Osman gave information to Mr. Rıza Kagan Yılmaz about about the investments of the Association members and his activities carried out in the association and invited him to the Association. The Consul General Mr. Riza Kagan Yilmaz, thanked Mr. Osman chalishkan for their visit.

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Consul General of Georgia to Trabzon Mr. Gela Japarize, DeputyConsul General of Georgia Mr. Giorgi Kushitashvili and Chairman of International Investors Association of Georgia and also theRepresentative of the Chamber of Commerce and Industry of theAutonomous Republic of Adjara Chamber of Commerce and Industry Mr. Osman Çalışkan Mzhavandze visited Ordu Chamber of Commerce and Industry. During the meeting they discussed problems caused by coronavirus on the economy, global issues, improving the business environment, the development of new strategies and also ways to boost trade betweenGeorgia and Turkey. Chairman of the Board of Ordu Chamber of Commerce and Industry, Mr. Servet Şahin thanked Mr. Gela Ja parize and Mr. Osman Çalışkan for their visit and wished them success.

Consul General of Georgia to Trabzon Mr. Gela Japarize, Deputy Consul General of Georgia Mr. Giorgi Kushitashvili and President of Georgia International Foreign Investors Association, Mr. Osman Çalışkan Mzhavandze, visited Mayor of Ünye Mr. Hüseyın Tavlı. During the meeting, they talked about the economic and global problems caused by the COVID-19 Pandemic and solutions, improving the business environment and developing new strategies between the two countries. The Mayor of the Ünye Mr. Hüseyın Tavli thanked Mr. Gela Japarize and Mr. Osman Çalışkan for their visit.