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Georgia sells reinforced concrete crossties production plant

Business Materials 26 August 2010 16:11 (UTC +04:00)

Georgia, Tbilisi, Aug.26 / Trend, N.Kirtskhalia /

Ministry of Economy and Sustainable Development of Georgia sells concrete crossties production plant. The facility will be put up for sale Sept. 9, the Production Management Agency said.

The initial price for the plant is $6.8 million. Production of any reinforced concrete constructions is possible at the plant.  

The plant was in arrears to the Georgian Railways, but the Government written-off the debts.

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