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Companies suffered in the conflict will receive credits

2008-12-03 17:41

The companies of Shida Kartli region, which suffered in the conflict of August 2008, will receive advantageous credits from the government, said Ekaterina Sharashidze, Georgian Minister of Economic Development, today.


According to Sharashidze, four new projects will be financed in the course of subprograms for regional tourism and agriculture development, with the total value of 590 thousand Georgian lari (about 360 thousand US dollars).

Poultry factory in Medzhvriskhevi will be issued a 200 thousand lari (120 thousand US dollars) loan, the Goreli (manufacturer of canned fruit) - 250 thousand lari (150 thousand US dollars), the Mamont (manufacturer of sunflower oil from Khashuri) - 100 thousand lari (60 thousand US dollars).

Besides, a 40 thousand lari (24 thousand US dollars) will be allocated for the Dinastia, a firm in Karelia region.

According to Sharashidze, 300 people will be involved in the projects.

8.1 mln lari (over 5 mln. dollars) has already been transferred to a number of tourist companies in Ajaria. 68 projects have been financed in the course of the Cheap Credit program.


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