ტყეები და პლანტაციები, როგორც ფასიანი ქაღალდების ალტერნატივა საქართველოს საპენსიო ფონდისთვის

გიორგი კილაძე

Authors

Giorgi Kiladze Akaki Tsereteli State University Author

Keywords:

Pension fund, paulownia, plantation, amount, investment, profit

Abstract

The purpose of the study was to find an alternative to securities placement for the Georgian Pension Fund. The article discusses the pension fund’s last year’s profit, which is: dynamic – 14.13%, balanced – 12.26% and conservative – 10.76% profit. These data are ahead of the average annual performance of one of the most popular securities, the S&P 500. Legislative changes in recent years allow the pension fund to not only purchase securities, but also invest money in other non-financial assets.

As an alternative to securities, we considered investing money in a Lebanese cedar or Himalayan cedar forest, however, calculations showed that this method is much longer-term than 30-40 years, so we chose the fastest growing culture today, paulownia. It turned out that with proper planning, a paulownia plantation can give us an annual profit of 50% of the invested amount, which is almost five times higher than the average rate of the most popular securities.

In conclusion, I suggest that the Pension Fund of Georgia consider investing money in the cultivation of paulownia plantations as an alternative.