Georgia is traditionally a strong agricultural country, which includes 22 micro-climates varying with cool to dried out, warm to damp. These diversified micro-climates provide for a longer than normal farming season and a number of growing conditions. Earth are of volcanic origin perfectly located at the river valleys. They tend to generally be quite fertile plus reasonably easy to cultivate.
Georgia as an agrarian-oriented country has a sizeable rural population. America was renowned as a quality food service provider during the Soviet moments and the Georgian food & drink products are still well-recognized seeing that healthy and substantial quality brands in CIS region.
Georgia has a very big opportunity with regard to agricultural development. Atlanta is considered as as an ideal country not only to get initial production, but for processing industry, at the same time.
The scale of released products grows coming from year to year. As the most favored exported product, nevertheless remains wine, with mineral water and freak cultures. Lately, quite a few products have shown some very nice grow in transfer figures, such are usually berry, meat plus vegetables. Though, local demand in most goods still remains greater then supply, consequently investment in Agriculture are still very interesting.?
Georgia’s natural means and various micro-climatic zones are fantastic for production a wide range of grains, vegetables, fruits, and so on.
Rich and pesticide-free soil is designed for organic production.
Meat manufactured in Georgia is well-known for the taste which is due to the feed consumed by the animals. Also drinking water, surrounding climate along with local factors take part in the role in the flavor of produced animal meat. Therefore amount of beef export keeps rising year to year.
The employees in farming sector receive 30%-40 Pct less wage compared to the national average. As Georgia has huge amount of water means, the access to drinking water is easy and cheap. Many other utility prices like are electricity and gas are equally low.
On the one palm, the investors can be helped by the rising consumption within the local market, which is on the other complemented via the Duty-free access to 900 , 000, 000 markets under Cost-free Trade Agreement with Turkey, Ukraine and CIS places a DCFTA (Deep in addition to Comprehensive Free Exchange Agreement) with European.
Incentives for processing plants
The assignments of building new lawn products processing vegetation can get grant from the government with a entire value of up to 250 000 USD (utmost 40% of the value of challenge). Additionally investor can purchase state owned immovable nonagricultural home for 1 Gelatinized (symbolic price) if ever the investment made with processing plant is usually 4 times more than the market value.
?Was prepared good information of Georgian Nationalized Investment Agency