24 March 2023,   04:47
The World Economic Forum in Davos ends today

The World Economic Forum in Davos ends today. Yesterday, the Prime Minister held one of the last meetings with Paddy Padmanathan, President/CEO of ACWA Power.

At the meeting in Davos, investment opportunities and prospective energy partnership projects were discussed.

Irakli Garibashvili invited the company’s representatives to Georgia, further to familiarize themselves with the country’s business environment and resources.

ACWA Power is a private developer of electric power which is also developing the first large-scale green hydrogen project in the world. The company is headquartered in Saudi Arabia. The company employs over 3,500 people, and its portfolio consists of assets with an investment value of over 75 billion USD in 13 countries of the Middle East, Africa, Central Asia, and South East Asia.