“Geo Concentrate” Opened Fruits and Vegetables Processing Factory Equipped with Modern Technology.
“Geo Concentrate” received 20 067 square meters agricultural land with buildings on it in a symbolic price from Property Management Agency and in the frame of low-cost agro credit, fruits and vegetables processing factoring has been built.
1.2 million GEL investment has been fulfilled for the factory. 650 000 GEL from the investment is an agro credit.
The minister of Agriculture, Levan Davitashvili noted that financial support from the government will help the development and enlargement of the industry.
“Georgia has a big tradition of agro industry. Shida Kartli has always been prominent in this sense. The country has a resource of fruits and vegetables, which should be used and develop the production”-declared davitashvili.
Minister also noted that new factory will help to raise economic development and employment in the region.