Produce in Georgia: New plastic factory opens in Tbilisi
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Another enterprise has launched in Georgia to produce plastic bottle caps.
Four million GEL was invested in the new Geocap company, which was implemented under the ‘Produce in Georgia’ state program.
The multi-million GEL factory was opened today in a ceremony attended by Georgia’s Prime Minister Irakli Garibashvili and Government representatives.
PM Garibashvili addressed the ceremony and expressed his hope that the plastic bottle caps produced at Geocap would replace similar imported items.
It was our Government’s goal to support local production and develop an export-oriented market so for his purpose we launched a state program called ‘Produce in Georgia’.
Through this program we have already financed 123 enterprises. In total we have implemented 350 million GEL in investments. This means we have created several thousand jobs and that Georgian production is developing,” said Garibashvili.
The Prime Minister added it was hard for him to see derelict factories which used to work 20-25 years ago but were abandoned after the collapse of the Soviet Union. He said it was the Government’s role to "revive such abandoned factories”.
Today we see great examples of how the state and the private sector jointly managed to revive an abandoned and ruined factory and transfer it into a modern, European-type enterprise.
Geocap can not only to replace imports but can export its products as well,” said Garibashvili
The Prime Minister promised the state would further support any interesting initiative that contributed to enhancing Georgia’s production industry.
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A new enterprise has opened in Georgia that will benefit the country’s construction sector, support the economy and employ the local population.
One year on from the establishment of the Produce in Georgia program, 90 new projects with a collective investment portfolio of $252 million USD have been implemented in the country, says Georgia’s Economy Ministry.
A multi-million dollar greenhouse has opened in the Kapanakhchi village in Georgia's Gardabani region within the framework of the state program Produce in Georgia.
Five new businesses will open in Georgia's regional areas under the 'Produce in Georgia' scheme to help boost the Georgian economy.
The Government of Georgia has approved 25 new projects within the ‘Produce in Georgia' scheme, in which 46 million GEL ($27 million USD) will be invested into the country’s business sector to stimulate domestic production and develop production-oriented industries
The Government of Georgia has approved two new projects within the ‘Produce in Georgia' scheme, in which 46 million GEL will be invested into the country’s agricultural sector as a way to stimulate domestic production and develop production-oriented industries.
Two new fruit and vegetable processing factories are opening within the ‘Produce in Georgia’ state program, which supports development of industry in Georgia.
The Government of Georgia has approved two new projects within the ‘Produce in Georgia' scheme, in which more than one million GEL will be invested into the country’s business sector to stimulate domestic production and develop production-oriented industries.
Cigars from Georgia’s magnificent mountains of Adjara region will soon appear on shop shelves in China.
Entrepreneurs in Georgia with creative business ideas are invited to apply to a competition that will see their dreams turned into reality.
Changes allow more SMEs to access Gov’t funding
The Government of Georgia is stepping up its support for small businesses, developing the hospitality industry and creating better conditions for foreign investors to invest in Georgia.
A new nut processing factory, a tea factory and a milk processing plant will built in Georgia within the ‘Produce in Georgia’ state program.
"An irreversible process of strengthening the agricultural sector has started in Georgia, which is very important as the strength of our country depends on the strength of our agriculture.”
Georgian Prime Minister Mamuka Bakhtadze stated today that the usage of the single use plastic bags will gradually be proThe usage of single-use plastic bags will gradually be prohibited in Georgia starting next month, Georgian Prime Minister Mamuka Bakhtadze stated today.hibited in Georgia and the process will kick off from the next month.