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Plant for production of construction materials opens in Georgia's Akhaltsikhe

Business Materials 27 June 2019 15:33 (UTC +04:00)

Baku, Azerbaijan, June 27

By Tamilla Mammadova - Trend:

Within the state program “Invest in Georgia”, an enterprise for the production of building materials has been opened in Georgia’s southwestern region Akhaltsikhe, Trend reports via apsny.ge website.

To launch the project, investments worth some 1 million lari were made, and more than 50 jobs were created.

The project “Invest in Georgia” aims to stimulate agricultural production in Georgia and offers two main incentives: financial resources and infrastructure (land, buildings, etc.).

As the National State Property Agency of the Ministry of Economy and Sustainable Development of Georgia said, for the implementation of the project, the agency transferred the land of 34,494 square meters for one lari.

1 USD = 2.85 GEL on June 27

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