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Large Korean corporation looks to invest in Georgia

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Georgia has attracted the interest of a large Korean corporation SK E&C.

Georgia’s Economy Minister Dimitry Kumsishvili met the Executive Vice-President of the Korean corporation SK E&C, Seung Su Lee, in Tbilisi today.

The Ministry of Economy reports that the Korean delegation showed interest in a number of sectors of the Georgian economy.

More specifically, representatives from the Korean corporation saw potential in Georgia’s energy field and mostly in the construction of hydro power plants.

Korean officials were also interested in free trade agreements with Georgia that would enable the export of products produced in Georgia on preferential terms. Korean investors said they would study the possibility of opening an enterprise in Georgia.

Another sector the Korean businessmen focused on was Georgia’s hospitality industry.

Source: http://agenda.ge


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