Tbilisi, Georgia - -2C Mostly cloudy / 11:23

Quotes about Georgia


ADB Statement on Georgia

13 August, 2008
Georgia, the ADB’s newest member, has taken major strides in economic reform in recent years, reflected in the substantial economic gains the country has made since 2004… It has demonstrated resilience in the face of external shocks, with the adoption of a robust macroeconomic policy framework, reinforced with a coherent set of structural reforms…


Statement by Deputy Secretary Robert M. Kimmitt on Support for Georgia’s Economy

11 August, 2008
Given its sound macroeconomic and fiscal policies and excellent progress in transition to a market economy, Georgia is well placed to weather the current crisis. Georgia's economy has been one of the strongest in the region owing to its proven record of reforms, and this reform effort deserves continued international support.


World Bank Statement on Georgia

11 August, 2008
Georgia has strong economic fundamentals, the result of a committed reform program and prudent fiscal management by the government... The Bank will respond flexibly and speedily with policy advice and financing...


EBRD urges repid resolution of Georgia Cinflict

11 August, 2008
During recent years, Georgia has made enormous progress in introducing and implementing key reforms...The EBRD considers the Georgian banking sector as a whole as efficient, well capitalised and robust.


Lado Gurgenidze

Prime Minister of Georgia
“I wish to congratulate my colleagues at the Ministry of Economic Development on their privatisation performance. I am confident that Georgia will continue to attract significant investor interest”


Christopher Gore

Executive Chairman of MAI Insurance Group
We are delighted to be able to expand our insurance services into this important and growing market. We will be able to provide enhanced services to our existing clients in Georgia and help Georgian companies develop risk management systems. Georgia is a dynamic market with excellent future growth potential.


Jean Lemierre

President of the European Bank for Reconstruction and Development
Wide scale reforms were quickly implemented in Georgia, the investments have doubled over the last three years.


Reizard Trinn

Director General, Heidelberg Cement
Georgian is a very important country for us. Its infrastructure and landscape gives us opportunity to build several factories and produce products


World Bank

Doing Business in 2007
Georgia made the most extensive reforms, ranking as the top reformer for the second year in a row. ... It is now as easy to comply with building regulations in Tbilisi as it is in Hong Kong.


Steven Bennett

Chief Executive Officer of HSBC in Georgia
The professional way in which our application was managed has been impressive and gives me a lot of confidence as we look to open and expand our operations in Georgia


Gilbert Hie

Bank Republic, Societe Generale Group, CEO
The whole climate is very positive following the last governmental reforms in many areas and also all kind of measures have been taken to liberalize the economic situation in Georgia and make it more attractive for foreign investors.


Steve C. Nicandros

Frontera Resources Houston, President and CEO
President Saakashvili and his government have successfully created a very attractive environment for economic development as the basis for building a nation that provides its citizens with hope and opportunity


Steve C. Nicandros

Frontera Resources Houston, President and CEO
Georgia has become a stable, market-oriented environment where the work force is highly educated and motivated and foreign investment is very welcome.


Steve C. Nicandros

Frontera Resources Houston, President and CEO
Infrastructure, banking and legal systems have made great strides in approaching international standards, underpinned by a relentless and successful effort to stamp out the barriers of corruption from the past.


News  
Government of Georgia held Investment Promotion Road Show
The Minister of Economic Development of Georgia and the Director of Georgian National Investment Agency meet ICC Georgia
Seminar on Business Opportunities of Georgia held for Flemish Businessmen in Brussels
RSS  
Georgian Prime Minister pays official visit to Spain
Georgia to have new ambassador in Germany
Georgian president attend opening of new wharf in Poti Port

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