Gov’t announces expansion of Enterprise Georgia programme

Enterprise Georgia has expanded its programmes from which investors can benefit. 

These include:

1. forestry and fishing
2. processing industry
3. health and social work activities
4. manufacture of various machinery
5. logistics services and warehouses
6. supply of steam and air conditioning
7. professional scientific and technical activities

Georgian Economy Minister Natia Turnava stated earlier today that within the programme investors may receive a plot of land for symbolic 1 GEL ($ 0.3/€0.25).

Interested investors may apply to the National Agency of State Property, select a suitable plot of land and in exchange of investment and employment commitments they will receive this land”, Minister Turnava said.

She also noted that entrepreneurs will no longer be required to produce certain amount of products in preliminarily defined deadline.

• Georgia to build anchovy fishing boat in Turkey with support of Enterprise Georgia

Turnava said it is clear if a person makes investment s/he is eager to produce. Therefore, they will now be free from additional ‘bureaucratic pressure’ amid the coronavirus pandemic.