Government of Georgia – Government Meetings 2015 Year

Government meeting of January 15, 2015 Print Version

2015-01-15

On January 15, a government meeting was held at the Government Administration. Led by the Prime Minister, the meeting discussed 32 issues on the agenda, with 10 additional issues, and approved a total of 42 issues.

With a view to providing Georgia's citizens with high speed internet, the government meeting approved a relevant draft decree proposed by the Government of Georgia. The Government of Georgia will implement an unprecedented project across the country. Every village with population over 200 will enjoy high speed internet service. To this end, a committee will be formed to accept and review applications submitted by interested companies. The goal of the Government is to provide 1932 settlements on a preliminary list with broadband connection across Georgia within 36 months after the signing of agreements with winning bidders. To increase internet demand in the regions, the Government will also support the establishment of about 500 public innovation centers under regional libraries. The goal of this project is to provide the entire population of Georgia with high speed, quality, and affordable internet service, which will enable the rural population to enjoy modern quality and promising information technology services. Access to internet and development are some of the most important prerequisites for the growth of knowledge and innovation-based economy in the country.

Within the framework of the state program Produce in Georgia, the Government assists manufacturers in establishing new manufactories, develop local production, and create workplaces. To this end, today's government meeting approved several draft decrees on direct sale privatization of state-owned property.

Within the framework of the infrastructural assistance component under the state program Produce in Georgia, 32,130 square meters of non-arable land with facilities on Kajaia Street, Khobi, were sold to Figaro LLC for a symbolic price. This company is obligated to use this property to produce construction materials for two years, investing 1,660,000 GEL to this end. The new manufactory will employ 30-50 workers. The end product will be sold in the local market.

Within the framework of the financial assistance component under the state program Produce in Georgia, TBC Bank reviewed and approved the issuance of a 5 million USD affordable credit to CBC LLC. This amount will be used to establish a plant producing metal waste bins. It should be noted that it will be the first manufactory of this type in Georgia. According to the CBC LLC plan, the company will purchase equipment necessary to produce metal waste bins. Since there are no hot-dip galvanizing plants in Georgia, pre-galvanized details are purchased, which costs four times the price of details without galvanization.

Within the framework of the infrastructural assistance component under the state program Produce in Georgia, 12,351 square meters of non-arable land in the village of Bzvani, Vani Municipality, were sold to Kartuli Dapna LLC for a symbolic price.

The company is obligated to establish a bay leaf processing manufactory within two years, investing 247,200 GEL to this end. The new manufactory will employ 30-50 people. The end product will be exported to China, Turkey, Korea, Bulgaria, Vietnam, and Poland.

Within the framework of the infrastructural assistance component under the state program Produce in Georgia, 126,481 square meters of non-arable land were sold for a symbolic price to Abasha Milk Factory LLC.

The company is obligated to establish a milk processing and dairy plant within two years, investing 2,529,600 GEL to this end. The new manufactory will employ 150 people. The end product will be exported to Russia, Azerbaijan, Armenia, and Turkey.

Within the framework of the infrastructural assistance component under the state program Produce in Georgia, 60,127 square meters of non-arable land with its facilities on Peace Street, Rustavi, land were sold to Rebas LLC for a symbolic price.

The company is obligated to establish a construction materials manufactory, investing 1,444,136 GEL to this end. The new manufactory will employ at least 10 people. The end product will be sold in the local market, though it is also planned to export it. In addition, according to the company, in the third years of operations the share of export in production will make up over 50 percent. Innovative basalt products will replace imported steel AR glass fiber reinforced steel to some extent.

Prime Minister's Press Service