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Kakha Kaladze Rules out Investment Delays in Energy Sector

Published: September 2, 2013 | 8:57 am
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The Deputy Prime Minister and Minister of Energy Kakha Kaladze has ruled out any delays with regards to investments into the energy sector against the background of the presidential elections. According to him, the Georgian government has created a favourable environment for the investors.
Mr. Kaladze has confirmed that the government will sign agreements with investors with regards to the construction of several hydroelectric power stations in September. He adds that the energy sector is the most attractive area of investment today.
According to the official data, foreign investment into the energy sector exceeded $40 million during the first quarter of 2013. In this regard, the energy sector was ahead of all other areas during the first quarter.

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