Agreculture Products Processing Factory (06/08/2009)
Executive Summary
· The implementation of the project will serve for creation of modern processing facilities with export orientation In Georgia and the contractual guarantee for the end product to be exported in the amount equal to the cost of the machinery imported. The first Project of this kind in Georgia
· The implementation of the Project will be of grate social impact – creation of 150 permanent and 300 seasonal new jobs. Up to 5000 small farmers and peasant families will be engaged in the Project for supply of raw material under preliminary contracts, with annually estimate of USD 8.000.000.00 – Euro 5.755.395.00 to be allocated for this purpose.
· The machinery to be purchased and installed is Italian origin, completely new and modern, and corresponds to all EU environmental requirements.
The estimated cost of the Project – USD 4.860.000.00/ Euro 3.500.000.00
Return of investment – 2.5 – 3 years
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