President opened construction of new factory in Kulevi

Excellent to see local manufacture of urea fertiliser in Georgia, to compete with ammonium nitrate made at Rustavi Azot. Hopefully it will bring down the price of nitrogen fertilisers in the market. A fertiliser blending plant would be a nice touch too.

President opened construction of new factory in Kulevi

President Saakashvili arrived in the Kulevi industrial zone today, where he opened the beginning of a new urea refining factory.
The new manufacture will be located on 24 hectares of territory and it will be constructed by Socar Georgia Investment from Azerbaijan. 1500 people are employed on construction and 300 will be employed in the factory after it begins to operate.

Socar Georgia Investment Company plans to invest 100 million dollar in the project. President Saakashvili attended the presentation of the project and the beginning of the construction today. At the same ceremony, Georgian Minister of
Sustainable Development and Economics signed a cooperation agreement with the company authorities.

via President opened construction of new factory in Kulevi.

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