...

Georgia to build enterprise for production of biodegradable packages

Business Materials 25 July 2019 18:08 (UTC +04:00)

Baku, Azerbaijan, July 25

By Tamilla Mammadova – Trend:

An enterprise for the production of biodegradable packages will be built in the industrial zone at Sukhishvili St. No. 2 in Gori (Georgia), Trend reports with reference to 1tv.ge.

The investment will amount to 1 million lari. More than 50 jobs will be created.

The project is carried out within the framework of the state program “Produce in Georgia” and provides for the transfer of property for a symbolic price of one lari. The National Agency of State Property transferred to Eco Georgia LLC a land plot of 5,550 square meters and buildings and structures located on it.

The company plans to produce 2-3 packages per month and deliver them to the local market.

Georgia started prohibiting the use of single-use plastic bags gradually from October 1, 2018, when the production of bags thicker than 15 microns was banned. And from April 1, 2019, the ban switched to plastic bags of any thickness.

The “Produce in Georgia” program was created in the summer of 2014 to stimulate local production and offers two main incentives: financial resources and infrastructure (land, buildings, etc.). In April 2017, the agency was created, which combined all government programs aimed at promoting the business sector and the economic development of the country.

(1 USD = 2,89 GEL on July 25)

Tags:
Latest

Latest