Minister: Azerbaijan invested almost $3.4 bn in Georgia’s economy since 1995

Baku, October 29, AZERTAC

Azerbaijan has invested almost $3.4 billion in Georgia’s economy in 1995-2016, said Azerbaijani Minister of Economy Shahin Mustafayev as he met with First Deputy Minister of Economy and Sustainable Development of Georgia Dimitry Kumsishvili in Tbilisi.

“Azerbaijan became the largest investor in Georgia in 2015-2016,” he said. SOCAR Georgia has been the largest tax payer in the last few years, the minister said.

Mustafayev noted that more than 250 Azerbaijani companies operate in Georgia, while 243 Georgian companies were registered in Azerbaijan.

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