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The MP Announces Sharp Growth of Cement Demand on the Market

The MP Announces Sharp Growth of Cement Demand on the Market

Investments of such big German companies as “Heidelbergcement” and “Henkel” indicates to their confidence, – Ambassador of Germany has announced while presentation of new project in Kaspi.

According to the diplomat, German logistic companies are also interested in Georgia as well.

“Favorable investment environment in Georgia, Free Trade Agreement with the EU and stabile political conditions in the country, will expand economic relations between Georgia and Germany further”, – the Ambassador of Germany in Georgia, Dr. Heike Peitsch notes.

Georgian Prime Minister noted on the importance of the project as well.

“You can forget current demand of the market, as we have interesting and ambitious development plans for the next years, which will significantly increase demand on your products. We think, that it should be very interesting period for development of Georgian infrastructural modernization and transit potential. It should be the highway, tourism infrastructure, bridges, tunnels, construction of new port, which means the high demand on the cement at the local market”, – Georgian MP declares.

To remind, the groundbreaking ceremony of the USD100 million investment project of Heidelbergcement Caucasus – upgrade of the Kaspi Cement Plant to the modern Dry Line method of clinker production has taken place in Heidelbergcement Plant, Kaspi, Georgia on Tuesday.