Armenian and Georgian Businessmen to Buiild Dairy Plant in Batumi

ARMENPRESS

ARMENIAN AND GEORGIAN BUSINESSMEN TO BUILD DAIRY PLANT IN BATUMI

YEREVAN, MARCH 16, ARMENPRESS: Armenian and
Georgian businessmen will build a dairy plant in
Georgia, Volodya Badalian, a cochairman of the
Georgian-Armenian Cooperation Association said to
Armenpress.
He stressed that the future plant will benefit also
the Armenian population of southern Georgian region of
Javakheti. He said the plant will most likely be built
in Batumi, the capital of Georgian’s autonomous region
of Ajaria on the Black Sea cost, which is seeing a
tourism boom, but the milk will be bought from
Javakheti Armenian farmers.
The plant in Batumi will require about $1 million
of investments. Part of equipment will be brought from
a dairy plant in the Armenian town of Sevan, which has
been idle for 15 years, while in Batumi there is a
deficit of diary products.
The first Armenian company to have invested in
Georgia was Grand Tobacco that spent $1 million to
build a tobacco processing plant there.