NEWS

Georgia’s agriculture sector enjoys doubled investments in fixed assets

The value of the country’s exports decreased 22% while imports dropped by 25% y/y in January, said Geostat. Photo by N. Alavidze/Agenda.ge.

Agenda.ge, 04 Oct 2017 - 16:10, Tbilisi,Georgia

Investments in fixed assets in Georgia’s agriculture sector has doubled, announced the Ministry of Agriculture.

The amount of investments made to buy fixed assets in agriculture reached 180 million GEL in 2016, while in 2015 the investments amounted to 80 million GEL, and in 2014 – 110 million GEL.

Last year the value added indicator increased by 18 percent over the year 2015 in the food and beverage sector, which is the improved indicator in this field, said the National Statistics Office of Georgia (Geostat).

Investments in the food and beverage sector increased by 30 percent last year.

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