About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
RSS
Mobile
Twitter
Facebook
Government Lays Out Plan for Agro-Business Development
Civil Georgia, Tbilisi / 25 Jul.'07 / 20:05

At least 100 new processing enterprises will be set up in Georgia to boost the country’s agriculture sector by the end of next year, President Saakashvili said on July 25.

He told a cabinet meeting that the development of the agro-business sector was of vital importance for the country.

PM Zurab Nogaideli explained that the plan involved selling off over 40,000 hectares of agricultural land at 20% of its market price.

The land, he said, would be sold separately in 400-hectare plots. Would-be investors will have to set up a new processing plant within the year.

Terms, he said, would be simple. Bids envisaging the creation of more employment and greater output would win, PM Nogaideli said.

He said appropriate legislation had already been drawn up, which would be submitted to Parliament for consideration.
 
President Saakashvili said the government expected that at least 100,000 new jobs would be created as a result of the project.

“Receiving a lot of money from the sale of land is not now the priority,” he said. “The priority is to create jobs.” 

Saakashvili said an estimated GEL 600 million would be invested in the country’s agriculture sector within the next three years.
 
Agriculture constitutes 12% of the country’s GDP and 24% of exports, according to Economy Minister Giorgi Arveladze.

He said 108 small and medium sized agricultural processing enterprises had been set up in the country in the last few years.

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2018, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
53