The Government of Georgia is creating a new Investment and Export Agency under the Ministry of Economy, replacing the existing Public-Private Partnership (PPP) Agency.
The PPP Agency is being abolished in its current form and transferred from the government administration to the Ministry of Economy. It will operate as a Legal Entity of Public Law (LEPL) under the name ‘Investment and Export Agency.’
The changes are part of broader reforms that also involve restructuring ‘Enterprise in Georgia’ and establishing a new entity, the ‘Georgian Development Corporation.’
At a meeting of the Parliament’s Economic Policy Committee, MP Irakli Mezurnishvili presented amendments to the Law on Public-Private Partnership and called for the draft law to be fast-tracked.
Mezurnishvili says the new agency will focus on supporting Georgia’s investment and export potential. He notes that the Investment Support Department of ‘Enterprise in Georgia’ will be transferred to the newly formed agency.
“Functions related to attracting investments and promoting exports will be moved to the Investment and Export Agency, while the remaining functions of ‘Enterprise in Georgia’ will be transferred to the Joint Stock Company Economic Development Corporation,” Mezurnishvili said.
He adds that funding allocated in Georgia’s 2026 state budget for investment and export support will also be redirected to the new agency.
The Government says the reform marks the return of an investment-focused agency after a nine-year gap.
