Ministry of Environmental Protection and Agriculture of Georgia Ministry of Environmental Protection and Agriculture of Georgia

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Minister Otar Shamugia: "Georgia Ensures an Open Investment Climate, Encouraging Agricultural Investments"

The Minister of Environmental Protection and Agriculture of Georgia, Mr. Otar Shamugia, recently met with Mr. Jamal Al-Salahati, General Manager of the Arab company Fadox International Assets Holding, to discuss agricultural investments, the establishment of new enterprises and the promotion of local employment opportunities.

During the meeting, the discussion focused on the potential for planting almond orchards and establishing processing facilities in Eastern Georgia. Minister Shamugia welcomed the prospect of new agricultural investments, emphasizing that the Ministry, within its remit, will offer full support to investors.

"Our country has an open investment climate that actively encourages a wide range of investments, underpinned by positive economic growth data. Agricultural investments are especially significant, and the state has implemented multiple support initiatives to foster sectoral development. Over the next four years, we plan to expand financial resources for the agricultural sector," stated Minister Shamugia. "Georgia has ideal conditions for almond cultivation, and, with state support, farmers have already planted nearly 5,000 hectares of almond orchards. The processing industry is also rapidly expanding, and we welcome investments in this area, which we believe will further enhance market competitiveness."

Fadox International Assets Holding, a Dubai-based subsidiary of Fadox Group, brings decades of combined experience in investment and finance.