Import substitution in action: an aluminum products plant to be built in Tbilisi

2019/08/24619-1565345026.jpg
Read: 1141     13:30     09 Август 2019    

11 million gel will be invested in the construction of the plant

A new plant for the production of aluminum plugs will be built in Tbilisi, the state property Agency said.

For the plant construction company "Jemplate" got about 33.7 thousand square meters for the symbolic price of 1 lari (more than 0.3 per dollar) in the framework of the program "Produce in Georgia".

11 million gel (about 3.8 million dollars) will be invested in the construction and arrangement of the plant. The stoppers produced at the plant will be used for bottles of soft drinks.

The new enterprise will be able to produce 200 million plugs and will replace the imported goods with its products.

According to the Agency, the production process will be fully automated, and 25 people will work at the enterprise.

The government program "Produce in Georgia" was created in the summer of 2014 and is aimed at stimulating local production in the country. In April 2017, the Agency of the same name was created, which combined all state programs aimed at promoting the business sector and economic development of the country.

Sputnik-georgia.ru





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Import substitution in action: an aluminum products plant to be built in Tbilisi

2019/08/24619-1565345026.jpg
Read: 1142     13:30     09 Август 2019    

11 million gel will be invested in the construction of the plant

A new plant for the production of aluminum plugs will be built in Tbilisi, the state property Agency said.

For the plant construction company "Jemplate" got about 33.7 thousand square meters for the symbolic price of 1 lari (more than 0.3 per dollar) in the framework of the program "Produce in Georgia".

11 million gel (about 3.8 million dollars) will be invested in the construction and arrangement of the plant. The stoppers produced at the plant will be used for bottles of soft drinks.

The new enterprise will be able to produce 200 million plugs and will replace the imported goods with its products.

According to the Agency, the production process will be fully automated, and 25 people will work at the enterprise.

The government program "Produce in Georgia" was created in the summer of 2014 and is aimed at stimulating local production in the country. In April 2017, the Agency of the same name was created, which combined all state programs aimed at promoting the business sector and economic development of the country.

Sputnik-georgia.ru





Tags: