"The Georgian car fleet has the potential to grow by as much as 70%," Alexander Vekua, Commercial Director of "Caucasus Auto Import," said during an interview on radio station "Commersant".
"According to him, compared to developed countries, Georgia's car fleet is significantly smaller.
'We are among the developing countries, and compared to developed economies, the number of cars in Georgia is small. TBC Capital's research also shows that we see almost 70% growth potential. Today, we might face a car collapse of the existing road infrastructure, but this will not happen quickly; it will take years, and most likely, the roads will also be modernized to meet realities. "Otherwise, if our fleet increases by 70%, it will become completely impossible to get around, even having potential for growth," stresses Alexander Vekua.
