...

Georgia plans to hinder construction of plastics recycling plant in Kutaisi FIZ

Construction Materials 25 February 2021 15:34
Georgia plans to hinder construction of plastics recycling plant in Kutaisi FIZ

BAKU, Azerbaijan, Feb.25

By Tamilla Mammadova – Trend:

The Government of Georgia plans to adopt the law that may hinder the construction of a plastics recycling plant in Kutaisi Free Industrial Zone (FIZ), Soso Nibladze, head of Kutaisi FIZ Hualing said, Trend reports via Georgian media.

"The initial draft resolution has been prepared, but the parliament has not adopted this law yet”, Nibladze noted.

Chinese investors were ready to launch the project, but the process was suspended by the government’s decision.

As noted by Nibladze, the government plans to ban imports of used plastics wastes. If the government adopts this law, then the $10-million project will not be implemented in Kutaisi FIZ, Nibladze noted.

"The Government justifies the decision by harmonizing our legislation with the EU legislation”, Nibladze noted.

Plastics granulating plant was launched in test regime in Kutaisi FIZ. The project’s investment value marked $2 million.

Hualing FIZ launched an operation on October 1, 2015, under the Government’s decision on the former territory of Kutaisi Automobile Plant. The FIZ will operate on the mentioned territory for a period of 30 years.

---

Follow the author on Twitter: @Mila61979356

Tags:
Latest

Latest