Meeting with EBRD new Caucasus Regional Director

European Bank for the Reconstruction and Development

Meeting with EBRD new Caucasus Regional Director

23 April 2019

 

The CCIFG met with the new Caucasus Regional Director in order to present our entities and to identify possible fields of cooperation.

 

In Georgia EBRD focus on supporting private sector competitiveness through innovation, developing local currency and capital markets, expanding markets through inter-regional connectivity, and renewable energy, resource efficiency and climate change adaptation.

 

Their activity in Georgia:

 

  • Number of projects: 231
  • Cumulative EBRD investment: 3,304 million EUR
  • Current portofolio of projects: 857 million EUR

 

Portofilio Composition:

 

  • 35% Financial institutions (304 million EUR)
  • 31% Energy (266 million EUR)
  • 25% Industry, Commerce and Agribusiness (210 million EUR)
  • 9% Infrastructure (77 million EUR)

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