On December 9-13, PMCG hosted an official delegation from Kuwait to educate them about Georgia’s successful experience of implementing effective economic reforms.
The main objectives of the delegation’s tour to Georgia were to learn from the economic reforms enacted by Georgia, which was ranked 6th in the World Bank’s Doing Business Ranking 2019, and to support the Kuwaiti government to improve its regulatory environment in areas measured by the Doing Business Report.
During the tour to Georgia, the Kuwaiti delegation studied the Georgian government’s vision, strategy and mechanisms that have been applied to enhance its business environment.
Mr. Aleksi Aleksishvili, Chairman and CEO at PMCG, delivered a presentation to introduce the reforms undertaken in Georgia in recent years and the challenges currently being faced. Thereafter, study tour participants visited specific government agencies to obtain information about getting electricity, construction permits, cross-border trade, and registering property.
In order to meet the study tour’s goals, PMCG arranged meetings with government organizations and ministries/institutions responsible for enhancing its business environment and, ultimately, its World Bank Doing Business Indicators.
This study tour was organized as part of the World Bank Group project “Support Investment Environment Reform in Kuwait.”
Ultimately, the Kuwaiti government received practical recommendations on improving the ease of doing business and simplifying economic regulations.