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Qualified Investors should Have Free Access to Land Plots

Land ownership regulations should be based on reasonable principles, Business Ombudsman Irakli Lekvinadze said. It is important that qualified investors have free access to land plots, he added.

“We have not consulted this issue with Parliament of Georgia yet. We have held consultations with business sector. Naturally, we should wait for key principles of the organic law. We give priority to two key issues: 1. qualified investors should be authorized to make investments in agrarian sector without restrictions. Another issue is an access to financial resources.

Land as an asset should be usable at financial institutions for attracting certain resources. If these two principles work, I back reasonable regulations”, Irakli Lekvinadze said.