TEN REASONS TO INVEST IN GEORGIA

1.      Political and Liberal Economic Reforms

2.      Attractive Macroeconomic Environment

3.      Competitive Trade Regulations

4.      Liberal Tax Code

5.      Privatization of State Property

6.      Modernized  Business Licensing System

7.      Reformed Technical Regulation System

8.      Strategic Geographic Location

9.      Competitive Banking Sector

10.    Georgia - A Country of Ancient Culture and Traditions

Georgia is a bridge connecting several economic regions and is a particularly important transit country. Located at the crossroads of Europe and Central Asia, it serves as a natural transport corridor. Georgia is the shortest transit route between the West and Central Asia for transportation of oil and gas as well as dry cargo.

Reforms and initiatives, carried out by the Georgian Government since 2003, aiming at improving investment climate in the country, produced positive results as evidenced from international studies and evaluations:

• The Foreign Direct Investments (FDIs) in 2005 amounted to 449.8 ml. USD (499 ml. USD in 2004). The decline from the previous year was caused by the completion of Baku-Tbilisi-Ceyhan oil pipeline construction project, however non-pipeline investment increased by 44 ml. USD from 139 ml. USD in 2004 to 183 ml. USD. FDIs in 2006 amounted to 1,190 ml. USD (increased by 740.2 mln USD in comparison to 2005). FDIs In 2007 amounted 2 014.8 ml. USD (increased by 824 mln USD in comparison to 2006).  FDIs in 2008 amounted 1 564 mln USD (decreased by 450 mln USD in comparison to 2007). FDIs In 2009 amounted 658.4 ml. USD (decreased by 905.6 mln USD in comparison to same period 2008).
• The Foreign Direct Investments in 2010, (adjusted data) amounted 814.0 mln.USD (increased by 24% in comparison to same period 2009). The Foreign Direct Investments in 2011, (january-june, preliminary data) amounted 377.1 mln.USD.

Main Countries' Share in the Stock of FDI in January-June, 2011

Main Countries' Share in the Stock of FDI in 2010

• Foreign Direct Investments from EU member countries in 2006 amounted to 407.1 ml. USD (that on 163.4 ml. USD increase a parameter of the last year). Despite a nominal growth, however, the EU share in total investments sharply dropped in both annual and quarterly terms. This can be explained by the fact that the South Caucasus (Shah-Deniz) gas pipeline entered the final phase of its construction. In 2007 FDIs from EU member countries amounted to 1132.7 ml. USD (increased by 725.6 mln USD in comparison to 2006). In 2008 FDIs from EU member countries amounted to 476.6 ml. USD (decreased by 656.0 mln USD in comparison to 2007). In 2009 (preliminary data) FDIs from EU member countries amounted to 224.1 ml. USD (decreased by 252.5 mln USD in comparison to same period 2008).
• The Foreign Direct Investments from EU member countries in 2010, (preliminary data) amounted to 248.2 mln.USD.  The Foreign Direct Investments from EU member countries in 2011, (January-June, preliminary data) amounted to 142.7 mln.USD.  

Direct Investments by EU Countries in Georgia (ml. USD)

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