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01 June 2004 01:01
Georgian economics minister hopes to attract Russian investments
Moscow, 1 June: Georgia should become an attractive country for foreign investors. "We will do our best to ensure that foreign investors feel comfortable in our country, Georgia," Kakha Bendukidze has said in his conversation with journalists after his appointment as Georgia's minister of economics. Bendukidze noted that a number of reforms were needed to take the Georgian economy to the next level of development. "And the reforms require trust of the people," he added. Bendukidze said that he discussed a range of economic issues during his meeting with President Mikheil Saakashvili [in Tbilisi last week]. Bendukidze believes that Russian business can help Georgia to develop in any direction. "I hope that, by the end of this year, a number of agreements will be reached with respect to privatization of some infrastructure facilities in Georgia. I think that not only energy facilities but transport and tourism will also be attractive for Russia," the newly appointed minister said. He noted that privatization should be carried out through open and transparent auctions.
[Kavkasia-Press news agency]
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