Dec 27, 2024
GGF and Ministry Partner to Attract $1B to Georgia
Georgia Growth Fund LLC (GGF) and the Ministry of Economy and Sustainable Development of Georgia signed a Memorandum that authorizes GGF to promote Georgia and attract high-quality smart capital in the country. On an exclusivity basis, we are dedicated to positioning Georgia as a Hub for “All things Business”.
Georgia Growth Fund LLC an Equity driver with pledged capital of 1 billion US Dollars will collaborate with International Investors and Wealth Owners to utilize all the business tool-kits country of Georgia offers.
We support our partners in:
Corporate Structuring and Establishment of Business operations from Georgia;
Investments in Strategic Sectors via our Special Purpose Vehicles;
Georgia Growth Fund LLC in direct communication with the Government will identify strategic sectors for Georgia’s further development and will structure its Portfolio accordingly.
Georgia Growth Fund in full accordance with Georgian legislation offers opportunities to high-level investors who make a significant contribution to the development of the Georgian economy and may be applied benefits determined under the Organic Law of Georgia on Georgian Citizenship Art. 17.2.
The contribution levels differ based on the profile of the strategic investor. 300,000 Euro to 3,000,000 Euro in strategic sectors pre-identified in close cooperation with Georgia's relevant Ministries.
Early investors who complete their investment within the designated time frame will be eligible for exclusive discount benefits.
We Invest in Georgia, for Georgia
The Ministry of Economy and Sustainable Development of Georgia has signed a memorandum with the Georgia Growth Fund LLC, which envisages attracting foreign direct investment from People’s Republic of China
The Memorandum of Understanding was signed between the Ministry of Economy and Sustainable Development of Georgia and Georgia Growth Fund LLC (Registration Code: 404462238) to attract foreign direct investment worth at least one billion US dollars over the period of 5 years to Georgia from the People's Republic of China.
According to the document, the company undertakes to facilitate the attraction of foreign direct investments in Georgia - to attract investments worth at least sixty million US dollars during the first year, and at least one billion US dollars over five years.
Within the framework of this Memorandum, in accordance with the effective Georgian legislation, high-level investors who make a significant contribution to the development of the Georgian economy may be applied benefits determined under the Organic Law of Georgia on Georgian Citizenship Art. 17.2.
Georgia Growth Fund expresses its readiness to submit an annual report to the Ministry of Economy on the results achieved, the amount of investments attracted and investors.
“The Ministry will use its best efforts, within its competence and in accordance with the legislation of Georgia, to assist the company in achieving the goals set forth in this Memorandum,” - the memorandum signed between the parties states.
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