Grace period for investors in Adjara to extend for six months

14:16, 29.12.2020

The grace period for investors in the Adjara region of Georgia has been extended for six months, Tornike Rizhvadze, Head of the Adjara government, announced on Tuesday.

According to Rizhvadze, financial liabilities will be postponed for all investors with no penalties.

“The business assistance amid the pandemic is crucial. Business should work uninterruptedly in the region, and we have to restore workplaces and create new jobs. Participation of investors in this process is vital,” Tornike Rizhvadze said.

By - Elene Dobordjginidze

Economics

Regions

Adjara

investors