Objectives of the EoI
The EoI overall objective is to implement the specific policy objectives of MEPA and RDA as outlined above through the IAZ Greenhouse Cluster Development.
Must agree to be committed to employment and development outcomes, creating a high number of employment opportunities for local labor is an agreed policy objective of this EoI;
Must agree to grant IAZ a right of first refusal to repurchase the land, including such cases where non-Georgian investors purchase plots as offered by IAZ;
Must agree to not sub-divide and onsell the land until agreed development outcomes are delivered and agreed FTE’s are achieved. IAZ is to be granted a call option to repurchase the site if the employment, development, and subdivision moratorium commitments are not honored.