Ex-pat businessman seeks to re-invest in Georgia
By Messenger Staff
Friday, June 15Mindia Gulua, a Georgian businessman active in Russia, has announced his intention to enter the Georgian market – and possibly Georgian politics.
Gulua recently announced that he wants to buy a 25% share in Georgian Railways, and said he was prepared to pay $250 million USD in order to keep "strategic objects" in Georgian hands.
Gulua also expressed a readiness to purchase the Tbilisi water supply system, which is valued at $80 million. However, the businessman says he would pay upwards of $100 million and decrease the price of water to residents by 20%.
Gulua is also interested in investing in the food processing sector, citing a number of $200 million to revive the industry.
Currently, Gulua is the international issues advisor for the Renovated Georgia party.