Georgia and Azerbaijan to build oil refinery
Read on the website Vestnik KavkazaAccording to Gilauri, the Georgian government creates a new investment fund which will finance large investment projects, including construction of oil refinery, Trend reports.
“In his report, the president pointed out that the state, in coordination with the private sector will seek to implement several investment projects, meaning first of all the construction of a refinery. We are now discussing the project with theAzerbaijani counterparts. In addition, we plan to establish the logistics centers for the development of agriculture, " said Gilauri.
However, he noted that currently the private sector cannot independently take part in major projects.
“In his report, the president pointed out that the state, in coordination with the private sector will seek to implement several investment projects, meaning first of all the construction of a refinery. We are now discussing the project with theAzerbaijani counterparts. In addition, we plan to establish the logistics centers for the development of agriculture, " said Gilauri.
However, he noted that currently the private sector cannot independently take part in major projects.