Mamuka Bakhtadze: We are bound to see soon that Georgia turns into a hi-tech producer country
Mamuka Bakhtadze: We are bound to see soon that Georgia turns into a hi-tech producer country

We are bound to see soon that Georgia turns into a hi-tech producer country. It was announced by Mamuka Bakhtadze, Prime Minister of Georgia in Kutaisi today, when visiting and delivering a speech at the launch of a German solar energy module manufacturing.

According to the PM’s press service, the Head of Government of Georgia noted that it was important for the country to focus on the hi-tech production and manufacturing of solar energy modules. In the opinion of the Prime Minister of Georgia, export solar panels will be exported to such key markets, as EU, USA, and the Middle East.

“Enterprise is launched by a German company AE Solar, which is a global leader in the manufacturing solar panels. I wish to particularly thank the investors for making this decision and constructing a plant right in Georgia. Several alternatives were considered and it is noteworthy that investors took a decision in favor of Georgia” noted the Prime Minister of Georgia.

According to the Head of Government of Georgia, foreign direct investments (FDI) is of particular impotence for the country as it is a guarantee to the creation of more jobs in the national economy.

“I have always noted that we should be most focused on the hi-tech production within the FDI. I mean sectors that have export potential to make Georgia manifest itself as a hi-tech producer country. This particular enterprise will employ 300 people. In addition, it will run very important programs that will help us in creating more educational modules and knowledge transfer opportunities for the local staff in Kutaisi” added the Prime Minister of Georgia.

Head of Government of Georgia focused on the significance of a linkage between economy and education, thereby noting that these two areas should always be advancing in parallel.

“We have a national idea. It is education and I have always been saying that education and economy are the two key areas that always need to develop in parallel to supplement each other. I believe that incorporation of such plants will make the education sector reform successful and vice versa. We will manage to incentivize greater interest among the investors within the scope and through the education sector reform. Thus and ultimately such enterprises will multiply throughout the country” added the Prime Minister of Georgia.

According to the Head of Government of Georgia, in a few weeks construction of another very important enterprise will be launched in Georgia and it will be the first manufacturing of electric cars in the Kutaisi.

“It is yet another evidence that Georgia has the potential to get established on the global map as a manufacturer of hi-tech. A few months ago, when I was speaking about it, many were skeptical. We will see with our own eyes in real life and very soon that Georgia will become a country of hi-tech manufacturing. We have a unique investment environment. You may well know that Georgia ranks 6th in the world by the Ease of Doing Business. We have other very significant advantages, however, this is not sufficient. We need to succeed in integrating Georgia into the global economy in the most efficient and effective way” added the Prime Minister of Georgia.

As noted by the Head of Government of Georgia, we are the only country in the region that has free trade regimes with both EU and China, though negotiations are ongoing with other large economic platforms as well.

“We need to conclude Free Trade Agreements (FTAs) with all the large economies and we will, by all means, succeed in this through a joint effort. I wish to thank the investors – AE Solar – for the decision made in favor of Georgia when considering this hi-tech manufacturing. I wish to once again tell the society what I crave. There are a lot of challenges all over the world. We have plenty of them in Georgia too, including the painful ones. Nevertheless, I am confident that this strategy and the national idea, which should unite us all through and for education, is the only guarantee that Georgia will indeed become united, strong and hi-tech-based economy in the 21st century” concluded the Prime Minister of Georgia.

AE Solar is a world leader in manufacturing high-effectiveness photo-voltage solar energy modules. State-of-the-art enterprise in Georgia is located at a land plot of 16 000 sq. meters and ensures production capacity of 500 megawatts through an automated and robotized conveyer system.