Predicted Volume of Investment Fund Grew to $ 3 Billion
Volume of capital in a private investment fund is expected to make 3 billion USD. Prime Minister Bidzina Ivanishvili said today at a meeting with editors of TV channels and print media. He said that the amounts would be transferred to the fund in 1-1.5 months. "I'm trying a well-known businessmen to take part in the formation of the fund’s capital," - says Ivanishvili.
Recall that upon Prime Minister's initiative, in order to attract investments three funds are established in the country: the sovereign fund – with the amount of $ 2 billion, which will carry out strategic projects; innovation fund, which will finance youth projects and private investment fund in which $ 2 billion are scheduled to be attracted. The Fund will co -finance up to 75% of foreign and local investors.