“New USD 6bn Georgian Co-Investment Fund: Transparency will play a role in its success”
Tbilisi. Transparency International Georgia released a blog post - "New USD 6bn Georgian Co-Investment Fund:
Transparency will play a role in its success”. "Former Prime Minister Bidzina Ivanishvili presented and launched a private investment vehicle... Alongside other private investors, Ivanishvili said that he will invest USD 1 billion of his personal wealth in the new Georgian Co-Investment Fund (GCF). 80% of these funds will be invested in the Georgian economy over the next five years, and 20% will be invested internationally. This appears to be the most important domestic economic policy initiative to have been launched since the Georgian Dream Coalition came to power almost one year ago, although it is funded by private investors, not the Georgian government", says the blog post.
Source:transparency.ge
