Redix Group founder Lasha Papashvili is going to continue investing in agro business in 2016.
Papashvili told CBW that next year the number of milk cows in the dairy farm Kvarlis baga will increase from 350 to 900. This means that Kvarlis Baga will be the largest project not only in Georgia but also in the region.
In Papashvili’s words, the project will be carried out with the financial support of international institutions. In the businessman’s words, only 5 to 6 industrial farms are operating in Georgia and Kvarlis Baga is the largest among them with the market share of almost 70%.
Papashvili’s farm was launched in the region of Kakheti in 2013. A well-known businessman invested 2 million 700 thousand dollars in the project.