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Thirty-Seven Development Projects worth 200 million GEL will Be Finished under Preferential Regime

Government has taken a very important decision and extended  preferences for a period of 2 years, Minister of Finance Dimitri Kumsishvili said.

“We took the first decision in 2015. As a result, 25 projects were resumed and their total investment value is 130 million GEL. These projects must be finished by the end of 2017. Consequently, residents will receive their own residential spaces. Under the changes, 37 projects will be finished in addition and their total investment value is 200 million GEL. We will discuss each specific project and submit them to Government”, Dimitri Kumsishvili noted at Mtatsminda Park at the solemn event dedicated to the 10th anniversary of Revenue Service of Ministry of Finance, when introducing a bill of legislative amendments.

Under the bill, the 31st of December, 2019, is the deadline for finishing construction projects.