British investor Stephen Fear: “Georgia is open for businesses”

On 23rd October 2019 Stephen Fear was featured on Georgian Agenda.ge website. To view the original article, please click here.

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Founder of large British company Fear Group, Stephen Fear has written a letter about his visit to Georgia, saying “Georgia is open for businesses”.

The letter was published by Georgia’s Ministry of Economy and will later be published on Fear’s official blog page.

In his letter Fear encourages international business society to invest in Georgia. Fear wrote

I would encourage more international business people to consider investing in Georgia. It has access to over 2.3 billion people through its free trade agreements with countries across the world, including the European Union.

He accented the development of Georgia’s hospitality sector and said that the number of excellent hotels is increasing in Georgia.

Another point Fear made in his blog is the winemaking history of Georgia, writing that “Georgia is the oldest winemaking nation in the world, older than both France and Italy, with its viticulture history going back 8,500 years”.

One of the reasons why Georgia should be interesting for investors is its “unique” location and prospects. Fear wrote that Georgia would become one of the most important small countries in the world.

With the forthcoming development of the Anaklia Deep Sea Port located on the Black Sea and of course the Silk Road initiative, which will see a new road being built from China to many destinations in Asia and Europe and which will importantly run through the middle of Georgia, makes the country uniquely well placed at the crossroads of both continents so it is without doubt destined to become one of the most important small countries in the world.

Safe, stable and with a government that understands the importance of business and trade, Georgia’s future looks bright. Georgia is definitely open for business and could be an excellent place to locate major manufacturing plants and even Head Offices for companies wanting tariff free access to over 2.3 billion people.

 

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