The Development Fund of Georgia is holding meetings with business associations that unite local large and medium-sized business sectors. The goal of the meetings is to introduce the reformed fund's current activities and updated investment strategy, with the aim of implementing joint investment projects with the respective business sector.
This time, the Executive Director of the Fund, Besik Bugianishvili, held a meeting with Levan Vepkhvadze, the Executive Director of the Business Association of Georgia. The parties discussed the possibilities for future cooperation between the Fund and the business sectors of the Association’s members, based on the priorities of the reformed Fund and the scale of investment projects. The meeting was also attended by Dimitri Khorava, the Director of the Investment Department of the "Development Fund of Georgia," and Akaki Saghirashvili, the First Deputy Executive Director of the Business Association of Georgia.
Besik Bugianishvili spoke about the institutional changes implemented in the Fund as a result of the reform, alternative sources of funding, and its current activities. Dimitri Khorava provided information to the representatives of the Business Association on the Fund's investment priorities, strategic directions, and the conditions for the Fund's participation in investment projects.
For his part, Levan Vepkhvadze, the Executive Director of the Business Association of Georgia, spoke about the main segments and business directions of the Association's member companies. He expressed readiness to organize meetings in various formats between the Fund and the representatives of the Association's member companies, which would further ensure their awareness.
The "Development Fund of Georgia" has already held similar meetings with representatives of the Georgian Chamber of Commerce and Industry and local financial institutions. In order to develop economically important sectors for the country, the Fund will continue to hold meetings with the relevant sectors.
