[Georgia] Kashuri Container Glass Plant Completed

President of Georgia Mikheil Saskashvili has recently attended the ceremony of start of construction of a JV for glass container production in the Kashuri region of Shida Kartli, eastern Georgia. Construction of the glass container factory will be carried out by Inter Glass Georgia, 60% owned by Azerbaijan's Inter Glass Azerbaijan, and 40% Georgia's Gas Transportation Company. The project is expected to cost around 30M lari (around US$ 18.4M), and will employ 200 local residents. The factory will operate mainly on local raw materials (80%) and will produce around 100M glass containers/pa. Construction of the factory is expected to be complete by January 2013.