“I believe your region is rather interesting on account of its strategic physical location in support of mega projects should really be done here”, the Iranian Ambassador noted.

Similar mega project may be implemented as an element of Georgia-Iran cooperation. Feasibility studies have been already executed, 4 technical sessions were conducted plus the fifth you’ll take place the other month, the ambassador pointed out.

“The project comprises several directions for example services, tourism, transport and so on, however the largest format of cooperation is required in energy transportation and production field. In the bilateral agreement, an oil refinery might be built in Georgia. In addition we arrange to exchange electricity and transit electricity to other countries through Georgia. Iran is enthusiastic about housing sector and hydro resources of Georgia. Iran has huge expertise in this direction and we are able to implement mega projects by make use of Georgia’s potential”, the Iranian Ambassador noted.