Produce in Georgia: new steel plant to be built in Georgia by 2023

The state will give land and buildings located in Vaziani Settlement to the Steel House Ltd for the symbolic price of 1 GEL to build a steel plant on the plot. Photo: steelhouse.ge.

Agenda.ge, 25 Oct 2021 - 17:49, Tbilisi,Georgia

New steel plant will be built in Georgia by 2023 within the Produce in Georgia state program, the Georgian government press office reported today.

About 3,819,664 GEL (about $1,216,453) will be invested to construct the new steel producing plant.

Georgian Prime Minister Irakli Garibashvili said about 50 people will be employed in the plant.

The state will give land and buildings located in Vaziani Settlement to the Steel House Ltd for the symbolic price of 1 GEL to build a steel plant on the plot.