The Georgian government will establish new investment fund that will finance big investment projects, GHN reports.
Nika Gilauri, Prime Minster said during the governmental sitting, the Fund will finance oil refinery, construction of which is deliberated now with Azerbaijan.
"In his annual report President underlined that the state having the close cooperation and coordination with a private business will try to implement several investment projects. I mean the construction of oil refinery. We are conducting consultations for implementation of the project with Azerbaijani colleagues. More over the creation of logistics centers is planned for the development of agriculture, "- Gilauri said.
At the same time he noted that presently the private sector cannot take part independently in big projects.
