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Foreign Companies Express Interest in Georgia at Davos Economic Forum

By Gvantsa Gabekhadze
Thursday, January 25
(DAVOS)--Wipro, one of the world's leading companies in information technologies and business services, is interested in setting up a large service center in Georgia in order to export the center's services into the EU countries, the Government of Georgia press office announced. The report concerned with Prime Minister Giorgi Kvirikashvili’s meetings within the World Economic Forum held in Davos, Switzerland this week.

The Government press office announced that Wipro will send a special group to Georgia to study investment opportunities.

Kvirikashvili briefed the company representatives with detailed information on Georgia's leading positions in international rankings, the press office stated.

It was emphasized that Georgia has the “greatest potential” to become the regional hub due to many factors, including the business-friendly environment and favorable location.

Wipro, with its full-package services, is widely acknowledged company in the world, which operates on six continents. The company employs up to 170, 000 persons with an annual turnover exceeding USD 8 billion last year.

Hillwood, a United States’ real estate investment and Development Company, is also interested in Georgia’s logistics potential, the Government administration claims.

Kvirikashvili met Azerbaijani President Ilham Aliyev in Davos, discussed topics such as the countries’ strategic partnership, the implementation of joint projects, including the Baku-Tbilisi-Kars railway project, “which plays an important role and creates new opportunities for the region”.

The world's top industry leaders and over 50 heads of state and governments gathered in Davos at the World Economic Forum's annual conference on January 23-24 to discuss challenges facing the global economy and the way forward.