High-level delegation to visit Georgia
October 17 2013 02:40 AM
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Qatar is expected to send a high-level delegation to Georgia for formal discussions about specific investment opportunities, said George Bachiashvili, chief executive of Georgian Co-Investment Fund (GCF).

The official was a member of a high-level political and business delegation which visited Doha last week headed by Georgia’s Foreign Minister Maia Panjikidze. Other delegates from the Georgian side included Minister of Agriculture, Shalva Pipia, and the director of Georgia’s National Investment Agency, George Pertaia.

The purpose of the visit was to hold discussions with senior representatives of Qatar’s leadership and business community about the prospects of co-operating on investment projects in Georgia through the GCF, a $6bn private equity fund, with the mandate to provide international investors with unique access to opportunities in the region’s fastest growing industries and sectors.

Bachiashvili met with Qatar’s Prime Minister and Interior Minister, HE Sheikh Abdullah bin Nasser bin Khalifa al-Thani, Qatar sovereign wealth fund Qatar Investment Authority (QIA) CEO Ahmad al-Sayed, QIA CEO’s office director Khalid Sultan al-Rabban; and QIA’s property investment group, Qatari Diar’s CEO Khaled al-Sayyed. A range of prospective Georgian investment opportunities and projects were discussed, including major real estate developments.

Bachiashvili said: “It was a great honour and privilege to be hosted by HE Sheikh Abdullah bin Nasser bin Khalifa al-Thani, and his colleagues in the Qatar Investment Authority. We had extremely constructive dialogue and are fully committed to further strengthening our already very positive relationship with Qatar’s leadership. My colleagues and I look forward to hosting a Qatari delegation in Georgia the near
future.”

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