Gov’t signs deal with Rothschild & Co to write a strategy for Georgia to become a regional financial hub

Rothschild & Co, a global financial giant, will work on the development of Georgia’s strategy for transforming into a regional hub, the government of Georgia press office reports. 

 

An agreement between the Georgian Government and Rothschild & Co’s Managing Partner Ariel Marcus Rothschild was signed today in Brussels.

 

The subsequent meeting between the Georgian PM Irakli Garibashvili and the Managing Partner of Rothschild & Co emphasized that the company will develop a strategy for transforming Georgia into a regional hub, while also working on attracting additional financial resources and grants into Georgia.

 

“The meeting reiterated Georgia’s favorable investment environment and large investment projects to be offered to foreign investors by the Georgian Government, including those seeking to establish financial centers alongside large tourism, logistics, and industrial projects,” said the government of Georgia.

 

“It’s a big honor to have the Prime Minister of Georgia coming to our offices here in Brussels after the eastern Partnership Summit with the EU. We just have engaged with the Prime Minister’s Office to advise the Government of Georgia on a number of matters linking to FDIs, to having a financial hub for Georgia, which we think is an interesting work to move ahead,” Rothschild said.

 

Rothschild & Co is one of the largest independent financial service groups in the world operating in more than 40 countries around the globe.

 

“We are honored and pleased to advise Georgia with regards to some important strategic matters. Georgia has a very long-standing tradition, and it’s considering how to position itself in today’s world as a wealth management center. Again, we are excited and honored to be involved as an adviser in this process,” Chief Executive of Kaiser Partner Stefan Liniger said after the meeting with the PM.