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Kobakhidze Highlights Georgia’s Economic Successes at UN Rostrum

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In order to support and further advance the connectivity agenda, Georgia plans to invest $7 billion in major transport and infrastructure projects by 2032. The country’s Prime Minister, Irakli Kobakhidze, announced this during his address to the 81st session of the UN General Assembly.

According to the head of government, these plans include modernizing the railway network, developing the Anaklia deep-sea port, constructing a new international airport in Tbilisi, and expanding the highway network.

“To support and further advance the connectivity agenda, Georgia plans to invest 7 billion US dollars by 2032 in major transport and infrastructure projects: modernizing the railway network, developing the Anaklia deep-sea port, constructing a new international airport in Tbilisi, and expanding the highway network. At the same time, we are convinced that physical and digital connectivity represent two components of a single strategic agenda. Through a Black Sea submarine fiber-optic cable and next-generation data infrastructure, Georgia aims to strengthen secure, resilient, and diversified digital ties between Europe and Asia. These ambitious plans are underpinned by Georgia’s strong economic performance.”

The prime minister also stated that over the past five years, the country’s economy has grown by an average of 9.3% annually, a dynamic that has continued into 2026: over the first seven months of the current year, economic growth reached 7.9%.

As Kobakhidze noted, according to the International Monetary Fund’s forecast, in the medium term Georgia will demonstrate one of the highest growth rates across the region and among European nations—averaging 5.4%.

“As a country with one of the fastest-growing economies in the world, we are actively shaping an innovation-oriented and business-friendly environment that fosters the development of both local and foreign enterprises. Despite the uncertainty prevailing worldwide, Georgia’s foreign direct investment-to-GDP ratio remains one of the highest among peer countries, averaging over 6% of GDP between 2021 and 2025. This testifies to investor confidence in the country’s growth potential. The outlook for FDI inflows into Georgia is also reinforced by the launch of large-scale, multi-year investment projects in sectors such as transport and logistics, energy infrastructure, tourism, and real estate. However, the true measure of success is how all of this changes people’s lives for the better,” the Prime Minister of Georgia stated.

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