Greenhouse Investors

Overview​
The IAZ Greenhouse Cluster Development on 220 hectares of land offers varied opportunities for farmers and agricultural business to invest, via designated plots for High-Tech Greenhouses,  Medium Tech greenhouses, foil and net greenhouses, open field farming, in a specially designated zone, organic farming.​

All investors in the IAZ benefit from IAZ‘s centrally operated full-service facilities, including quality assurance, storage and logistics, agri-business supplies, and a horticultural training and development center.​

Investing in the IAZ offers investors to capitalize on the proximity to national roads, the E60 Highway, railway connecting Eastern and Western parts of Georgia, Kopitnari Airport (near Kutaisi), and the ports of Batumi and Poti, for national, regional and international shipping facilities.​

Proposed commercial structure​


The IAZ Greenhouse Cluster Development is designed to deliver MEPA’s policy objectives, by operating a ”best practice” farming cluster, encourage innovation in the agricultural sector of Georgia, improve productivity, and achieve meaningful contributions to the substitution of import and growth of export markets. ​

IAZ wishes to attract businesses which​

  • retain and attract industry investment​

  • deliver new and skilled jobs​

  • contribute to the growth and sustainability of the Imereti regional economy​

At the same time, the IAZ is committed to provide employment opportunities for the population of the Imereti region, whilst recognizing social and environmental concerns and requirements.​

Preference will be given to Respondents submitting proposals meeting the requirements of IAZ.​

Commercial considerations and principles​

IAZ is implementing the Greenhouse Cluster Development to strengthen the economic and social growth of the Imereti region. To deliver on this objective, contracts of sale and ancillary documents will include special conditions that require purchasers or lessees of the land to make binding commitments to project objectives.​

The agreement containing sales terms will contain the following sale terms:​

  • Purchasers having substantially commenced their site development works typically within​
    2 years of settlement;​

  • Purchasers committing to reaching agreed employment targets typically within ​
    3 years of settlement;​

  • Purchasers being precluded from subdivision of their plot until employment and development objectives have been delivered.​

  • Settlement of the sale of contracted allotments typically take place within 28 days of registration of Plan of Subdivision.​

  • If the agreed commitments are not met by the purchaser, the State will have the right to repurchase the site on stipulated terms.​

The commercial principles to be adopted for the Project will be consistent with the applicable laws and policies of Georgia, including Georgia’s PPP Policy and Guidelines. 

 

Tenure Arrangements​

The Project will be delivered under appropriate tenure and access arrangements applicable to both the Development Phase and the Operating Phase, for a total of 93 plots varying in size from 0.3 ha to 8.8 ha, to be offered for either sale or lease. For further details, please refer to site information slides , providing full details of the plots offered for occupation.​

Respondents are encouraged to nominate one or more plots shown in the indicative plans on the site information slides. Should there be competing interest on a plot, the bid evaluated in relation to the weighted criteria outlined in part 1 “The Opportuniity” – EOI Evaluation – criteria with the highest score, will secure the plot. Respondents should therefore provide second and third options.​

Handover requirements​

IAZ will complete the external infrastructure and preparation of the plots offered under this EOI on ongoing basis, plot-by-plot as assigned in 2 phases, starting from spring 2022 to 2024. Plots will be handed over the successful Respondents following the conclusion of the RFP stage, for their further development of the plot-internal infrastructure. ​

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Please click the picture to the right to access the public EoI documentation.