{"id":35801,"date":"2025-12-23T12:48:27","date_gmt":"2025-12-23T08:48:27","guid":{"rendered":"https:\/\/cue.edu.ge\/?post_type=articles&p=35801"},"modified":"2025-12-23T12:49:13","modified_gmt":"2025-12-23T08:49:13","slug":"investment-attractiveness-of-georgian-municipalities-the-context-of-sustainable-development","status":"publish","type":"articles","link":"https:\/\/cue.edu.ge\/en\/articles\/investment-attractiveness-of-georgian-municipalities-the-context-of-sustainable-development\/","title":{"rendered":"Investment Attractiveness of Georgian Municipalities: the Context of Sustainable Development"},"content":{"rendered":"

Niko Chikhladze<\/strong><\/p>\n

Doctor of Economic Sciences, Professor, Akaki Tsereteli State University, Central University of Europe<\/p>\n

nikoloz.chikhladze@atsu.edu.ge<\/a><\/p>\n

\u00a0<\/strong><\/p>\n

Nana Rusadze<\/strong><\/p>\n

Doctor of Public Administration, Associate Professor, Akaki Tsereteli State University<\/p>\n

nana.rusadze@atsu.edu.ge<\/a><\/p>\n

\u00a0<\/strong><\/p>\n

Ana Baratashvili<\/strong><\/p>\n

Doctor of Public Administration<\/p>\n

baratashvilian@gmail.com<\/a><\/p>\n

 <\/p>\n

\u00a0<\/strong><\/p>\n

Abstract<\/strong><\/p>\n

The issue of attracting investments is relevant for any level of the socio-economic system. In this regard, increasing investment attractiveness and managing this process itself are of utmost importance. The role of municipal formations is growing in the modern economy. This is due to their corporate nature and different resource potential, as well as increased competition. Implementing a flexible investment policy is of crucial importance. This will make it possible to attract foreign investments, stimulate the investment opportunities of existing economic entities, and utilize domestic investments.<\/p>\n

The paper identifies difficulties related to investment attractiveness at the local level; discusses the investment opportunities of Georgian municipalities, also, elements of investment policy to increase investment attractiveness, taking into account the context of sustainable development.<\/p>\n

Keywords<\/strong>:\u00a0 Investment attractiveness; Municipality; Assessment; Management<\/p>\n

JEL:<\/strong> R58; H70; O18<\/p>\n

DOI: <\/strong>10.52244\/c2025.34<\/p>\n

The article is in Georgian.<\/strong><\/p>\n

References<\/strong><\/p>\n

Constitutional Court of the Republic of Georgia. URL:https:\/\/matsne.gov.ge\/en\/document\/view\/30346?publication=36<\/a><\/p>\n

Organic Law of Georgia Local Self-Government Code URL: https:\/\/matsne.gov.ge\/en\/document\/view\/2244429?publication=76<\/a><\/p>\n

Toysheva O. (2015) Investment attractiveness of municipalities. Scientific and methodological electronic journal “Concept”. \u0422.13. P.1966\u20131970. URL: http:\/\/e-koncept.ru\/2015\/85394.htm<\/a><\/p>\n

Chikhladze N., Rusadze N., (2015) The role of budget investment in the development of Georgia\u2019s region. Business-Engineering, N3, p.152-156. URL:https:\/\/drive.google.com\/file\/d\/0B3PZSQNPT43SWUtLSUszbkh6VFE\/view?pref=2&pli=1<\/a><\/p>\n

Chikhladze N., Khidasheli M., Ugulava G., (2021) Economic development of Georgia in terms of covid-19 (macroeconomics and regional aspects). Publishing House \u201cMBM Poligraph\u201d, Kutaisi. URL:https:\/\/www.researchgate.net\/publication\/356717633_sakartvelos_ekonomikuri_ganvitareba_COVID-19-is_pirobebshi_makroekonomikuri_da_regionuli_aspektebi<\/a><\/p>\n

National Statistics Office of Georgia. URL: www.geostat.ge<\/a><\/p>\n

Jozefowicz K., (2025) Investment Attractiveness of Small Towns in Poland – Assessment of Available Labor Resources. European Research Studies Journal<\/em>, Volume XXVIII, Issue 1, 265-287. DOI: 10.35808\/ersj\/3901. https:\/\/ersj.eu\/journal\/3901<\/a><\/p>\n

Chikhladze N., (2025) Contemporary Challenges of Investment Policy in Georgian Municipalities (Expanded Summary). \u201cEconomisti\u201d, N4, p.183-192. https:\/\/ekonomisti.tsu.ge\/doc\/ekon4%202024.pdf<\/a><\/p>\n

Snieska V., Zykiene I., (2015) City attractiveness for investment: characteristics and underlying factors. 20th International Scientific Conference “Economics and Management 2015 (ICEM-2015)”. Procedia – Social and Behavioral Sciences<\/a>. https:\/\/doi.org\/10.1016\/j.sbspro.2015.11.402<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false},"gonisdziebebi":[103],"class_list":["post-35801","articles","type-articles","status-publish","hentry","gonisdziebebi-2025-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cue.edu.ge\/en\/wp-json\/wp\/v2\/articles\/35801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cue.edu.ge\/en\/wp-json\/wp\/v2\/articles"}],"about":[{"href":"https:\/\/cue.edu.ge\/en\/wp-json\/wp\/v2\/types\/articles"}],"wp:attachment":[{"href":"https:\/\/cue.edu.ge\/en\/wp-json\/wp\/v2\/media?parent=35801"}],"wp:term":[{"taxonomy":"gonisdziebebi","embeddable":true,"href":"https:\/\/cue.edu.ge\/en\/wp-json\/wp\/v2\/gonisdziebebi?post=35801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}