Plastics manufacturing company will be built on Enukidze Street in Tbilisi, in the industrial zone. The project’s investment value is 2 million USD.
For the purpose of implementing the project, the National Property Agency of Ministry of Economy and Sustainable Development handed over 5435 square meter land plot and ruined structures on it to LLC EuroDrip.
“The plant will manufacture innovative irrigation hoses of polyethylene material and it is widely used in agriculture sector. The company plans to process 200 tons of plastic goods a year, while finished products will be sold on domestic and foreign markets. The mentioned project will develop the domestic business and create new job places” the statement by National Property Agency, reads.