Within the framework of this Program the LEPL National Agency of State Property Management is in charge of physical infrastructure Transfer Component i.e. free-of-charge transfer of government owned real property to an entrepreneur under certain investment obligation.
An interested person is offered for a symbolic price – 1 GEL, a government owned non-agricultural land plot with or without attachments (buildings and structures).
The list of this property is published on the Agency website http://www.nasp.gov.ge/
- Establishment and launching of the proposed production no later than 2 years time after the publication of the relevant decree of the government.
- The established production value must exceed the market value of the provided real estate 6 times (inTbilisi city) or 4 times (in other regions).
- Entrepreneurial entity interested in applying for the program and agreeing to take set obligations, should deliver unconditional and irrevocable bank guarantee, covering the 10% of the investment that will valid for no less than 30 months.
When two or more applicants apply for the same real estate, priority will be given according to the first come – first serve principle
For the Additional Information please visit: http://www.nasp.gov.ge/