Georgian PM meets Demirören Holding Chair
Georgian PM meets Demirören Holding Chair

Georgian Prime Minister Irakli Garibashvili met Yıldırım Demirören, Chairman of Demirören Holding on Thursday.

Parties discussed the prospects of future cooperation. The focus was made on the investment opportunities in various directions, including the hospitality industry, real estate sector, energy and information technologies. It was noted that a large investment will be injected by the company for the construction of a new, 5-star hotel branded as Old Iveria in Tskaltubo.

The potential of the country was highlighted at the meeting.

According to the Prime Minister of Georgia, a stable and favourable business environment exists in the country for investors, with low rates and small number of taxes and unique location of the country, making Georgia particularly attractive for foreign investors.

The meeting held at the Government Administration was attended by Ziya Alemdar, Vice-President of Demirören Holding and Supervisory Council Members – Sinan Oktay and Alaattin Aykaç; Kıvanç Oktay, Chairman of Lidya Yapi A.S. and Ivane Nakaidze, Founding Partner and CEO of Petrocas Energy Group.

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