Business
Posted: 4 years ago

Georgian Corn Oil to Enter Local Market from 2021

Corn oil produced in Georgia will enter the Georgian market in 2021. The oil produced by the company "Kolkha" will be sold with the name "Karva".

It is also worth mentioning, that the company was planning to produce Georgian corn oil in 2016. However, the production of Karva was postponed because of technical matters.

As the director of Kolkha, Giorgi Bukia mentioned with Business-Partner, construction works of the factory are already finished.

"The product would already be in sale if the pandemic would not occur. The equipment is imported from China, which means that Chinese specialists should set it up. Because of coronavirus, the process was hindered.", noted Giorgi Bukia.

The total price of the investment will be $1,5-2 million. The factory is located in Samegrelo, in particular, Khobi.