“Eagle Hills investment project will bring an additional 11 billion GEL to the Georgian economy this year; Over the course of ten years, 700 million GEL will be added to the country’s budget annually,” Prime Minister Irakli Kobakhidze told Georgian reporters in Abu Dhabi.
According to the PM, the Eagle Hills investment project will have a significant impact on Georgia’s development, “without any negative factor,” and the government will be fully responsible for its “successful implementation.”
“Let me emphasize what impact the Eagle Hills investment project will have on our country’s economy: It will bring an additional 11 billion GEL to the Georgian economy this year; Over the course of ten years, 700 million GEL will be added to the country’s budget annually.
This will be a huge benefit to both the economy and the budget, and in addition, thousands of jobs will be created. We speak about both temporary and permanent jobs: 24,000 jobs will be created directly during the project implementation phase and 8,000 permanent jobs will be created after the project is completed. This particular project will have a huge impact on our country’s development, without any negative factor. Therefore, the government will be fully responsible for its successful implementation,” he said.
The "Eagle Hills" investment initiative is projected to generate GEL 11 billion for the Georgian economy in a year
