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whi s. 4, s a a Tre Ve TOA OTT ae of of Atlanta Motel, for instance, is partiail © GEORGIA AD %O MAKE Piyvon FOR SOME ARAD OIL MONEY Four months from now, come 25,000 busi nvaa-minded Araba wil) pick “up A special edition of Forbes' Wagazine and read a warm message from & emiling man on the back cover, “This man offers you a new world of. investme PS, the color advertisement, featuring a Skyline picture of Atlanta, will say in Arabic script, “George Busbee, Governor of the State of Georgia, welcomes Arabian investors.,.Cov, George Busbce offers you Georgia, U.S.A." . ; : Part of a $90,000 international advertising campaign already under way in Georgia, the Forbes ad signals the state's first i in a worldwide game--the quest for a chunk ef the billions of dollars in Arab oil moncy now available for investment, "They (the Arabs) have g0t- so much money, they've got to put it somewhere, and right now they just don't know what to do with it,” observed Gen, Louis Truman, who, as commissioner of the Department of Community Development, directs the state's investment-luring programs. “They've made such huge profits orf their continued, “and we'd certainly like to see some here.“ : . - oil] recently,” fruman of that Money come Truman is not alone in that desire, As Robert Chamberlain, vice president and manager of the internationa? department of the First National Bank of Atlenta puts it: “Let's face At. Anytime anybody's got that much money, everybody's interested in it.” . - National has wn among the Arab hations. Like other Georgia banks, Chamberlain explained, Pirst made a continuing erfort to Make itself kno But, he says, it's a tough, uphill fight. : “Historically, the Arabs have invested their meney in about 35 banks," he Said, “and they've only deait with the very largest banks |. in the world, making very sophisticated investments in stocks and bonds,” Now, Chamberlair, and other Atlanta bankers agree, there is a great, deal of money in several countries, and the-expertise and sophistica- tion-in dealing with and’ placing those funds is “quite diverse.” "Real estate People from here are. constantly going over there,” Chamberlain Said, “Everybody is looking for that money, * or made an attempt Some Arab money has already come to Georgia, to do so. . The Hilton Hotel under construction on the site of the’ old Heart y financed by the incred- ibly oil-rich little nation of Kuwait, . an was interested turned him down, . . And it was reported recently that the shah of Ir in purchasing stock in Lockheed-Georgia, but Lockheed Even so, another Tumor circulation in Atlanta financial circles ah has of is that the sh fered to put up $750,000 to get the C5 assembly lines at Lockheed rolling again, so he'can have the Planes he has ordered, If as the community development People hope, the Arabs believe everything they read in advertisements, it would seem hard for them to keep their money out of the state, , "A State with transportation and distribution facilities providing Global accessibility," the glossy ad says, “A State with full service Offices in Tokyo and Brussels, Serving nations and companies throughout the world,“ vr The sheiks will also read that Georgia {s “tho location for offices of more than 100 mul ti-natior inl companics... (with) 3? consulates and G0vernmental trade offices, fine banks and international legal and ac ling firms," . Counting firm MARIO LEANZA REALTY COMPANY 281 12th STREET, N. E. : ATLANTA, GEORGIA 30309 — B01) tester 07 5: €7/ Gf