The Secretary General of International Investors Association Mr. Osman Chalishkan summarized year 2012 in TV show “Vector of time”. The speech was mostly focused on country investment environment and the future plans of the association. He said that the business representatives of Turkey Republic interested in Ajara investment environment and investments were mostly made in textile and construction in 2012. Mr. Osman spoke about the association that it has 23 member companies and the main purpose is to attract more investments and support the investors to improve-develop business. In addition, he said nowadays the country has favorable conditions to invest, strategic geographic location, stable macroeconomic environment, low taxes, liberal trade regimes, simplifying licensing and permitting procedures, business friendly environment, diverse investment sectors. According to his opinion how to be more attractive business environment in Georgia to invest, the negotiations related to the issue are underway, the government is ready to support the development of the business in the country. Investors Association along with ICC Georgia is actively involved in the amendments and simplification of tax and labor codes. As for future plans of the association in 2013 are to promote the employment of more employees, attract more investments and support business representatives to develop business.

Ajara A.R Employment Agency awarded the best employers and partners of the year 2012. It should be noted, that International Investors Association was awarded as the best partner.

Construction of new hospital is underway on Bagrationi street in Batumi. Multi-functional clinic for 92-beds will have radiology, angiography, surgery, cardiology, intensive care units, cardiovascular, neonatal resuscitation, laboratories. 20 million USD will be invested in the hospital’s construction and 180 persons will be employed there. The company “System Insaat” plans finishing of construction in April 2013. The management of the clinic will be given to the well-known Turkish company “Medicana Group.” Chairman of Ajara government has observed ongoing construction works. According to Archil Khabadze, executive government actively supports investment projects ongoing in the region.

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On December 28, 2012 International Investors Association and members visited Batumi disabled children. Within the charity event, the children were provided with household inventory, refrigerator, gas cooker, personal computer, toys and various goods. The association is ready to continue its charitable activities and provide support to socially vulnerable segment in the future.

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On December 7, 2012 ICC-Georgia’s newly established Consultative Board held its first meeting with ICC Board members to discuss the current business and investment environments in the country. It should be noted also, that International Investors Association often attends the important    meetings organized by ICC Georgia. In addition to the general business climate several issues were discussed such as the banking system, small and medium enterprises, competition law, labour code, tax issues, the real estate situation and relations with government and parliament. “It was a very productive meeting where many issues were discussed and we listened to the views and advice of the members of the Advisory Board, we also expressed our concerns to the Consultative Board regarding public statements made by high ranking officials in the West in regard to the recent arrests in Georgia and expressed our wish that such statements are made in the future through diplomatic channels only and not through the media considering that on one hand they interfere with due judicial process and on the other they ruin the investment climate in the country” said Fady Asly Chairman of the Board. H.E. Ambassador Pieter Langenberg addressed the audience on behalf of the Consultative Board and stressed the importance of having a dialog with ICC Board members and with businesses in general to better comprehend the different challenges; Ambassador Langenberg stated that stability was the key for economic prosperity without which there could  be no serious investments in the country.

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