In a remarkable step forward for sustainable development and agriculture, LLC Imereti Agro Zone (IAZ) invites interested organizations to buy land that is rich in resources and is infrastructurally developed. For this initiative, the Ministry of Environmental Protection and Agriculture of Georgia and the Rural Development Agency founded LLC Imereti Agro Zone (IAZ).
The project – Greenhouse Cluster Development, spans on 220 hectares (ha), located in the western part of Georgia, characterized by favorable climate and soil conditions. Notably, the region has a long-standing reputation for greenhouse production, rooted in its history and expertise in the field. 80% of Georgia’s herb production comes from the Imereti region, further solidifying its status as a key agricultural hub. In addition to its suitability for farming, the proposed project includes establishing a logistics center designed to serve all greenhouse-related businesses operating within the Imereti Agro Zone. This logistics facility will be strategically located on the available land plots, facilitating ease of transportation and access.
Transportation conveniences don’t stop there; the land plots are advantageously situated near crucial infrastructural points. These include close proximity to the national highway, railroads, and the international Kutaisi Airport. Plans are also underway to further enhance transportation and export capabilities. The Ministry of Environmental Protection and Agriculture of Georgia, the Ministry of Economy and Sustainable Development of Georgia, and the Government of Georgia are contemplating the construction of a cargo terminal at Kutaisi Airport. This development aims to increase the supply of agricultural products to markets worldwide.
The Government of Georgia and Imereti Agro Zone are committed to ensuring the full development of internal and external infrastructure over this 220-ha land. Notable features include public transport services, perimeter fencing, installation of security systems, and essential utilities like electricity, natural gas, irrigation and drinking water, and sewage systems.
Request for Proposals (RfP)
On September 1, 2023, Imereti Agro Zone announced the Request for Proposals (RfP) on the Greenhouse Cluster Development project. IAZ extends an invitation to organizations keen on greenhouse farming and agricultural investment to acquire a land plot, complete with fully developed infrastructure, with a minimum size of 0.5 ha.
Exclusive Benefits for Investors
This investment opportunity offers unique advantages that are exclusively available within the scope of Imereti Agro Zone’s project:
- Free access to up to 180 MW electricity network
- Free access to up to 78 million m³ natural gas network
- Free access to drinking and irrigation water networks
- Fully developed infrastructure
- Single-window service provision
For foreign investors, this is a rare chance to acquire fully developed and serviced land through a pre-defined approval mechanism, allowing for investment in a centrally managed greenhouse cluster.
Open to Alternative Proposals
Furthermore, Imereti Agro Zone is open to receiving alternative proposals that align with the project’s objectives. These alternatives may also involve purchasing a share in IAZ LLC.
For complete information on opportunities presented under this RfP and to download all necessary documents, visit the Imereti Agro Zone website: www.iaz.ge
Submission and Deadlines
All proposals under the RfP are expected to be submitted by October 31, 2023. Interested parties should submit the Returnable Schedule 1 – Registration to access detailed project information.
Industry Briefing – meeting with interested parties
IAZ will host informational meetings for potential investors through the Zoom platform on October 4, 2023, at 1:00 PM (GMT+4). The meeting aims to give attendees comprehensive details about the project and answer any questions.
To participate in the investor briefing, registration should be completed by September 29, 2023 Registration link: ZOOM
Interested organizations are encouraged to direct their inquiries to the email address [email protected]
The Greenhouse Cluster Development project by Imereti Agro Zone is an unparalleled investment opportunity that blends agriculture with infrastructural advancement. With a host of unique advantages and a supportive framework for both local and foreign investors, the project promises to be a cornerstone in the sustainable development of the Imereti region in Georgia.