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Turkish businessman to produce olives in Georgia

Business Materials 3 September 2009 11:05 (UTC +04:00)

Georgia, Tbilisi, Sept. 3 / Trend N.Kirtzkhalia /

The Turkish businessmen are ready to invest in the Georgian economy. The businessmen are interested mostly in the olive production, the Georgian Agriculture Ministry said.

Georgian Agriculture Ministry Bakura Kvezereli and Turkish businessmen discussed the prospects of developing agriculture during their meeting. After the meeting, the minister showed them lands favorable for olive cultivation in the Kakheti region. Particularly, these were former olive plantations abandoned many years ago. Nevertheless, some trees still fruited.

"We believe this business has a great potential in Georgia and we have already agreed with the Agriculture Ministry to establish three pilot farms. This will allow us to bring those sorts of olives, which will be compatible with the Georgian agrarian climate. After it we may talk about expansion of business," President of the Turkish company OZG, Ali Sami Özen said.

The Turkish entrepreneurs took soil samples for study. Demand in olives and olive oil is growing around the world. The Turkish businessmen are likely to revive this production in Georgia, with the governmental support," Kvezereli said.

The Turkish businessmen are likely to establish not only the production of olives, but also to build a processing plant that will positively affect the Georgian economy.

The olive plantations will be laid in the Mtskheta-Mtianeti and Kvemo Kartli, along with Kakheti.

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