The President of Georgian Mikheil Saakashvili visited Kutaisi, where the new metallurgic factory will start working soon. LTD Eurasian Style is Georgian-Indian joint enterprise. The factory will produce 100 tons of high quality metal construction. Produced production will substitute metal imported from Turkey and Ukraine and hold 60 percent of market. This enterprise will tart up in six month and will employ 500 people.

Due to the President's statement it is very important that construction process has not stopped in Kutaisi even in this very difficult conditions.

"80 percent of construction around the world is terminated. When the world was blossoming everything was stopped in Kutaisi. Now, when there are problems with the construction in the whole world and Georgia as well, construction has not stopped in Kutaisi and we even create jobs and this is the biggest achievement. You know that we had restored the center of the city, but the surface is not really important, important is that people have jobs. Kutaisi was industrial giant after Tbilisi and Kutaisi. We have lost the whole generation of specialists during last 15 years, if we loose several years because of the crisis we will be left without people. Now it is very important to use existing resources, which do their business and train new specialists at the same time. It will have tragic results if the economy stops. This is why we have to take care of each job and create ideal working conditions to each investor", - stated the President of Georgia.

Press Office
of the President of Georgia