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U.S. planning to invest $ 50 million in agricultural projects in Georgia

Georgia Materials 18 December 2012 18:52 (UTC +04:00)
Georgian Agriculture Minister David Kirvalidze gave summary of his visit to the United States.
U.S. planning to invest $ 50 million in agricultural projects in Georgia

Georgia, Tbilisi, Dec. 18 / Trend, N.Kirtskhalia /

Georgian Agriculture Minister David Kirvalidze gave summary of his visit to the United States.

Meetings at the U.S. Department of State, the Department of Agriculture and the World Bank took place during the visit, he said at a news conference on Tuesday.

According to the Minister, during the meeting at the State Department, he emphasized the importance of the establishment of service centers that will serve farmers' associations, cooperatives and entrepreneurs.

According to Kirvalidze, it was noted that during the meeting, the U.S. gave support to an updated approach to the development of agriculture and is actively joining projects in the agricultural sector. He said that the country is planning to invest $ 50 million in them in the next four years.

"The Americans were very interested. The U.S. remains the main donor to our agricultural sector. Our message was that the Georgian government intends to create all necessary conditions for investors to develop businesses in Georgia on behalf of the interests of the country and its people," - said Kirvalidze.

According to him, a meeting also took place at the World Bank, where the drafting process of an agricultural and regional development scheme took place. Kirvalidze mentioned that the need for the rehabilitation of irrigation infrastructure and the development of regional associations of water users were also amongst topics discussed. The World Bank plans to implement 30-50-million project aimed at irrigation development, he said.

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