The businessman Caesar Chocheli announced about his intention to implement a number of projects with the Co-investment Fund.
In particular, according to the available information, it is about the
construction of four new enterprises such as production of food, building materials and packing.
"This
is about a pretty big investment. Against the background of some of the
problems, these projects are suspended. Currently we are in talks with
foreign businessmen as well as the Co-investment Fund "- says the
businessman.
In his word , despite the problems with the current government, his group will remain the country's largest industrial group.
"Because of the charges brought by the Investigation Service of the
Ministry of Finance, the development of the existing businesses as well
as new directions has stalled. Because of this, we were forced to lay
off 700 people. The main problem is that the property of our companies
is arrested, and for this reason we have difficulty in relationships
with banks and investors. The situation is complicated, but whatever it
was, we intend to build another four enterprises. As soon as the
problems of our business group are settled, the process will be speeded
up, "- says Chocheli.
source:commersant.ge
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