Tbilisi, Georgia, July 31, 2009—IFC,
a member of the World Bank Group, has teamed up with Georgia’s Ministry
of Economic Development to create a public service center that could help
improve the country’s business environment by reducing administrative
Georgia is ranked 15th on
the ease of doing business among 181 economies worldwide, according to
the World Bank Group’s Doing Business  report, yet there
are still areas for improvement. The new public service center will help
cut red tape, save time for local entrepreneurs, and make processing applications
simpler and more transparent. The center, located at the Ministry of Economic
Development, is a one-stop-shop for services that used to be scattered
among different departments.
“The new center is an important step
in reducing bureaucratic barriers as it will provide our citizens and businesses
with the necessary services in a more efficient and timely way,” said
Lasha Zhvania, Georgia’s Minister of Economic Development. “IFC has helped
us a lot in creating and equipping the center and will continue working
with us to help raise public awareness.”
As part of this initiative, the Georgia
Investment Climate Advisory Services of the World Bank Group co-financed
a queue- management system that helps control the flow of visitors and
prevents long lines. This helps save time for entrepreneurs and businesses,
and they also benefit from more streamlined application and issuance procedures
for obtaining licenses, permits, and certificates, as well as dealing with
privatization and management of state-owned property issues.
“The center will save a lot of timeand
resources of entrepreneurs,” said Jyrki Koskelo, IFC Vice President. “It
is an important step in our strategy to help improve Georgia’s business
IFC, in cooperation with the Ministry,
will develop checklists for simplifying license application procedure and
ensuring timely public services. It will also conduct training courses
for the ministry’s staff and develop information materials with frequently
asked questions and descriptions of the procedures.
IFC’s donor partners for the Georgia
Investment Climate Advisory Services of the World Bank Group are BP and
its oil and gas partners and the Canadian International Development Agency.
IFC, a member of the World Bank Group,
creates opportunity for people to escape poverty and improve their lives.
We foster sustainable economic growth in developing countries by supporting
private sector development, mobilizing private capital, and providing advisory
and risk mitigation services to businesses and governments. Our new investments
totaled $15 billion in fiscal 2009, helping channel capital into developing
countries during the financial crisis. For more information, visit www.ifc.org.
For more information about IFC’s
donor partners, please visit: