Produce in Georgia Adds Two More Enterprises to its List

Giorgi Kvirikashvili, Prime Minster of Georgia, announced that an enterprise producing construction materials is planned for the Didi Lilo area as a part of the Produce in Georgia program, with more than GEL 3.5 million to be invested in the project. He added that the government would be giving away one hectare of land for the future venture.

An enterprise to produce glass is set to be opened, also through the Produce in Georgia project, with GEL 1 million to be allocated to finalize construction.

As the Prime Minister noted, the Government of Georgia supports start-ups in several directions: through subsidizing loans for the first two years and providing them with half the interest payments required by commercial banks in the country, and by offering State-owned land free of charge.

Georgia’s PM thanked Zviad Tsikolia, famous Georgian industrial designer, who has expressed his willingness to participate in the Produce in Georgia program and build an enterprise for plastics production which will be carried out with the government’s support.

Nino Gugunishvili