Georgia secures more investment from China

Georgia will see more Chinese investment in its power, financial services, railways and port construction sectors this year, said Dimitry Kumsishvili, the country's first deputy prime minister.

"The opportunities come from growing demand for infrastructure projects, trade and investment channels, tourism activities and financial cooperation brought by the development of the Belt and Road Initiative," said Kumsishvili.

He said the investment will focus on sustainable development in urbanization and industrialization and in the service and communication sectors. It is also about connecting cultures, economies and people. It will add new growth factors by creating infrastructure projects that are based on modern expertise and governance standards.