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Calik Holding

Major Turkish Company Implements New Investment Projects in Georgia

Calik Holding, one of the major companies of Turkey, and GE Power plan to implement new investment projects in Georgia.

Calik Holding chairman Ahmet Chalik and GE Power vice-president Ricardo Kordoba discussed the implemented and future projects at the meeting with Georgian Prime Minister Giorgi Kvirikashvili.

A new steam power plant of combined cycle, wind-driven and hydro power plants and gas storage tanks – the company is interested in implementing these investments projects.

 “The company has much interest in implementing projects in the power sector. The issue is of 80-megawatt wind-driven and hydro power plants, as well as steam power plants and the interest expression has been already announced on these projects. We welcome the company’s interest in implementing such major investment projects”, Energy Minister Kakha Kaladze noted after the meeting.

Moreover, Calik Holding is also interested in textile production development. At this stage negotiations are underway on textile enterprise organization, supposedly in the Guria Region.

Calik Holding chairman thanked the Georgian Prime Minister for the support and expressed readiness to continue successful cooperation.

The meeting was also attended by GE Power director general in Turkey Mete Malfete, Calik Energy executive director Osman Saim Dinch and Calik Energy manager Ildirai Tinar, as well as Georgian Energy Minister Kakha Kaladze, the Co-investment Fund executive director Giorgi Bachiashvili and the economic board secretary and  business ombudsman Giorgi Gakharia.