30 Million GEL Price Tag for Industrial Unit in Khobi
Initiated by „H.I.P. Trade“, founded company “Global Recycling Co” will build and develop plastic recycling industrial unit in Khobi municipality. In producing processes, they will create polymer granules, which will be realized both in the local and foreign markets.
The company purchased the land in the auction within the frameworks of “100 Investment Offers to Business”.
Total investment price of the project is more than 30 Million GEL. The factory will employ nearly 500 personals.
The company also plans to develop an industrial zone and attract foreign companies who recycle polymers and produce them. As a result, they will create complete chain of values on-site and start to produce new export production.