Chinese, Israeli Companies Plan To Invest $1B In Georgia

March 15, 2015 | Some of China and Israel’s largest companies plan to invest over $1 billion in Georgia, the country’s Prime Minister Irakli Garibashvili said. According to the PM, Israeli and Chinese companies are interested in the fields of energy, agriculture and information technology (IT). The Chinese company that has been involved in the talks with the Georgian government was PEGASUS EastWest, a Hong Kong-based entity dealing with developing business. In terms of Israeli companies, LR Group attended the meeting, among others.