Thirty million GEL has been invested in a new enterprise in western Georgia that will bring hundreds of jobs to the local community.
Today Georgia's Acting Prime Minister Giorgi Kvirikashvili officially commissioned the new bentonite clay processing factory, to which local firm Askaneli Alliance invested 30 million GEL.
The factory was created within the 'Produce in Georgia' state program and located in the Ozurgeti municipality.
Kvirikashvili said the opening of the factory was a "patriotic endeavour of national magnitude and significance" while commenting on the plant, equipped with state-of-the-art German machinery and technology. He believed the opening of such large enterprises served as a catalyst for entrepreneurial spirit in Georgia and the entire region.
This is an extremely most modern enterprise that uses the most sophisticated German technology in terms of eco-friendly production. What makes me most happy is that a Georgian enterprise will have its branch in Germany for the first time ever in the history of our country and its output will find thousands of ultimate uses,” said Kvirikashvili.
The Acting PM noted the enterprise will bring hundreds of jobs to the region and benefit many local families.
"It is very important that initially almost 130 households will have income as a result of the enterprise, while later about 300 jobs will be created in total. Produce in Georgia is an utterly successful program and this case is the best example of a very sound cooperation between the public and private sectors," he said.
Construction of the enterprise started in June 2016.
Meanwhile today it was announced the the investors planned to increase their investment in the new factory to 100 million GEL and to double the number of jobs at the enterprise.