Inert Materials Complex to Invest GEL 1 Million in Mining Works

Inert Materials Complex Company plans to invest around GEL 1 million in mining sand-gravel materials. The investments will be carried out in 2021.

The company has bought a 3-hectare quarry space in Terjola District, Imereti Region as part of the 100 Investment Offers government program. As noted by the company director Levan Svanidze, around GEL 3 million has been already invested in mining works and transportation. The company cooperates with the Chinese company building highways in Georgia.

“We have signed contract agreements with Chinese companies building highways in Georgia. I believe we will have new contracts after completion of this project, because the economic development necessitates implementing many other similar projects. Furthermore, our products are necessary in all development sectors, including in construction of civil roads, embankment strengthening works and so on”, Levan Svanidze said. The company employs 25 citizens, predominantly local residents. The company plans to expand business and employ 15 persons in addition, Levan Svandize said.