Agriculture Minister expects nut producers' revenues to exceed GEL 250 million

20:32, 22.08.2024

Georgian Minister of Environment Protection and Agriculture, Otar Shamugia, recently met with nut producers at GeoNuts LTD in Senaki Municipality.

According to Minister Shamugia, with prices increasing by 30-40% for medium and high-quality nuts this year, revenues for nut producers are projected to exceed GEL 250 million.

The Minister highlighted nut production as a key priority for agricultural development. During the meeting, he emphasized the importance of access to low-interest loans and co-financing from the Rural Development Agency.

Davit Khurodze, Director of GeoNuts, stated that the low-interest agro-credits subsidized by the state program have enabled the company to expand and modernize its irrigation systems.

Accompanying the Minister were Giorgi Guguchia, Regional Envoy for Samegrelo-Zemo Svaneti, and Davit Tsitlidze, Director of the Rural Development Agency.

By - Elene Dobordjginidze

Regions

Society

Otar Shamugia

Senaki