Irakli Garibashvili, Prime Minister of Georgia met Peter Spuhler, Owner and President of the Board of Directors of Stadler Rail AG, a world leader of train manufacturing incorporated and operating in Switzerland.
The meeting was focused on the cooperation between the Government of Georgia and Stadler Rail AG. Future projects in Georgia were discussed. Stadler Rail AG plans to explore opportunities for building a train manufacturing plant in Georgia, which will predominantly focus on the production and maintenance of trains.
It was noted that the Government of Georgia will provide the utmost support for the investment.
The favorable business environment existing in Georgia was highlighted at the meeting, along with current and future reforms implemented in the country. The Free Trade Agreements (FTAs) were also referred to, concluded with the EU, China and countries of the region. This enables Georgia to gain access to a number of large markets. At the same time, the role of Georgia was noted as a regional transit hub and prospects of development towards this end were discussed.