Infrastructure Minister Maya Tskitishvili says that among 8 demands put forward
by potential investors to the government there are some that will be difficult
of 8 points 2 concern state guarantees. For example, one of them requires the
government to take on the commercial risks of the project. Investors demand from the state compensation
for possible losses associated with the lack of turnover. This is very
problematic, as it is about a commercial loss, ” she explains.
Maya Tskitishvili believes this
condition is very difficult to fulfill, since the reasons for possible losses can’t
be determined – it may be political factors for which the state is responsible , or ineffective
management, for which the state cannot be responsible.
“It is quite possible that if we accept these conditions, all other potential
investors will also demand state
guarantees,” the Minister notes.
adds that according to one of the conditions, if the port turns out to be
unprofitable, it goes to the state which
is obliged to pay them compensation in the amount of $ 400 million.
it is right and fair, taxpayers should
decide, as their money can go to cover
the losses of banks and investors "- she says.