“Askale Cement” expressed its interest to open up cement factory in the territory of Batumi.
According to the company 50 000 square meter land will be exploited in order to build the cement factory. The company will invest 30 million US dollars for the enterprise development purposes. The factory will operate with cement grinding and packing.
For the sake of ready-made cement production, the company plans to invest 10 million US dollars more.
According to the Ministry of Finance and Economy, at first, 140 people will be employed. However, in total approximately 1500 people will be employed taking into account the transport and other services.