Feb 23, 2025
Georgia Growth Fund and Royal Philippines Airlines reach agreement to cooperate on investment in Georgian Aviation Sector
On February 23, 2025, a trade mission organized and promoted by the Georgian Growth Fund successfully held talks with Royal Philippines Airlines in Beijing. The delegation consisting of H.E. Mr. Alexander Khvtisiashvili, Deputy Minister of Foreign Affairs of Georgia; Erekle Kezherashvili, Director of the Railway Transport Agency of the Ministry of Economy and Sustainable Development of Georgia; Ani Janukashvili, Deputy Director of the Georgian Energy Development Fund; and Giorgi Berishvili, CEO of the Georgia Growth Fund.
The Georgia Growth Fund is involved in talks with several high-profile Chinese companies to promote Georgia as a multi-dimensional hub for all things business.
During the discussions, both parties engaged in an in-depth discussion on the potential for Royal Philippines Airlines (Hong Kong) Limited to invest in the aviation sector in Georgia. The main discussion points were the establishment of a joint airline, innovative business models for airport operation, and facilitating trade and logistics exchanges between the two countries through an enhanced aviation network.
Both sides unanimously acknowledged that this cooperation would enhance connectivity in the region and promote growth in tourism and the economy. Royal Philippines Airlines expressed strong interest in the Georgian market and plans to send a delegation to Georgia in March 2025 for an on-site assessment of investment feasibility.
The success of this trade mission marks an important step in the cooperation between Georgia and Royal Philippines Airlines in the aviation sector. By strengthening international partnerships, Georgia aims not only to attract more foreign investment into key industries but also to boost national economic growth and regional integration.
This meeting effectively showcased the strategic vision and leadership of the Georgian Growth Fund in promoting international cooperation. As a vital engine for Georgia’s economic development, the Fund will continue to build efficient cooperation platforms for domestic and foreign investors, supporting Georgia in achieving its development goals and creating more jobs and economic growth.
