FOREIGIN INVESTMENT PROMOTION USAGE ISSUES IN GEORGIA

Elaboration and realization of the State Investment policy is one of the most important directions in economical reforms for Georgia, as an independent state oriented on the market economy. This fact will promote states economical growth and effectiveness. Foreign investments will make essential effects on states economical transformation; will improve Georgia's economical distorted structure; will make high teq enterprises; will reform basic funds and many enterprises; will use country's most qualified specialists; will introduce innovations; will fill the local market with national production. Nowadays, investments are the most realistic levers for the country to overcome the crisis and enter the revival period after a long depression; the fact that government has made the steps towards investment process activation in last period means that the above mentioned was well analyzed and understood by the government. From the point of view of foreign experts the overall investment climate in Georgia is quite profitable, but there still are serious difficulties in financial risks; some errors in tax code and insurance fields that partially impede the foreign investment inflow. On the other hand Georgia is quite attractive market for the foreign investors depending on the business climate indicator; country has enough market potential, as well as native and labor resources. In order to promote foreign investments in Georgia's priority spheres, it is advisable to use financial-credit and tax stimulus, as well as non financial methods; for example making a comfortable and goodwill atmosphere for the foreign capital functionary with all the information, management services, transportation; different types of communication; banking services and all the elements of market infrastructure.