MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

The Minister of Economy and Sustainable Development, George Kobulia held a meeting with the representatives of the Canadian Investment Company – the KAMCON INVESTMENTS. The Canadian company introduced its project that envisages the construction of an industrial city over the 400 ha plot of land in the city of Rustavi.

The Deputy Minister of Economy and Sustainable Development Lasha Mikava, the Deputy chair of the parliament fraction “Georgian Dream - Strong Economy”, Paata Mkheidze, the State Kvemo Kartli Region Representative Shota Rekhviashvili, the Mayor of Rustavi Municipality Irakli Tabaghua and other officials also attended the meeting.

According to the presentation introduced at the meeting, the investment project envisages the construction of the industrial city over the 400 hectares of land in the industrial zone of the city of Rustavi, as well as the building of the industrial hub, the logistics center and the communications complex. Preliminary evaluation of the presentation indicates that over 4000 local workforce will be employed at different stages of the project implementation, while only the construction materials of local production will be used in the construction process.

“This is a very interesting proposal. We will contribute to the development of this project as much as possible,” – the Deputy Minister of Economy and Sustainable Development, Lasha Mikava stated. As the Deputy Minister noted, the Canadian investors chose the location in Rustavi due to several factors which include personnel expertise that existed in Rustavi for years, territorial proximity to Tbilisi International Airport and Georgia-Azerbaijan state border.

“We have been built similar industrial cities in other countries and their main purpose is the introduction of the industrial enterprises of the different profiles. We are interested in production of construction and industrial products which are needed in Georgia,” – Amir H. Kazemi Tafreshi stated.

It was noted at the meeting that the cooperation between the Government of Georgia and the local governments in relation with the investment projects will continue in the future as well.