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Produce in Georgia Agency highlights ongoing projects (Exclusive)

Finance Materials 26 October 2019 15:19 (UTC +04:00)

BAKU, Azerbaijan, October 26

By Tamilla Mammadova – Trend:

Among the projects implemented by Produce in Georgia Agency, it is necessary to highlight a project of Imar Development & Riverside Group from Qatar envisaging construction of the hotel and mixed type real estate complex in Tbilisi, the agency told Trend.

According to Produce in Georgia, the Fortune Group of Hotels from the United Arab Emirates has also entered Georgian market and is due to open a 4-star hotel in Tbilisi.

“Noteworthy is the investment project of Turkish company Koç Kablo on the construction of a factory for copper and aluminum cables production,” said the agency. “Opening of new Business Process Outsourcing (BPO) centers by Majorel in Tbilisi and Kutaisi is another important project,” said the agency.

The Produce in Georgia program was initiated in the summer of 2014 to stimulate local production. In April 2017, the agency of the same name was created, which combined all state programs aimed at promoting the business sector and economic development of the country.

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