ECONOMY

Finance Minister signs €70mln deal with French Development Agency to develop irrigation, agriculture

13.11.23 17:30


Georgian Finance Minister Lasha Khutsishvili on Monday signed a €70 million framework agreement with the French Development Agency for developing irrigation systems for agriculture across the country.

 

The Ministry of Finance said half of the amount would be spent on tasks including modernization of the Zemo Samgori irrigation channel in the capital city of Tbilisi, and increasing effective production of quality agricultural produce.

 

It will also be used to fund improving the availability of food for the local population and the competitiveness of Georgian products on regional markets, as well as implementing a sustainable irrigation system in response to climate change challenges.

 

 

agenda.ge

Read: 253


Write comment

Warning!
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)

Send
You can enter 512 characters

News feed


Caucasus Plus