Mirian Gogiashvili has been appointed the director of Relationship Fund’s subsidiary which was established to promote maximally powerful and profitable industrial sectors and projects.
Gogiashvili explained to BM.Ge that Sectoral and Regional Development Company of Georgia is usually a subsidiary of Venture Fund.
The company is to find sectoral priorities and their native dimensions for accelerated economic development, or even to initiate, disucss ideas for attributed business projects after which it submit the selected plans to Partnership Finance.
The subsidiary will make center on agriculture, processing sector, production of construction elements, chemical industry et cetera.
Currently, about 30 undertakings are being discussed for the Sectoral and Regional Development Company of Atlanta. Seven ones are approved by Relationship Fund’s investment panel and now funding aspects should be resolved, Gogiashvili mentioned.