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Agriculture is a leading economic sector in Abkhazia. The investments in agricultural sector can take many forms as it suit both private and corporate investors. Small farms, nurseries, plantations as well as greenhouses and large-scale projects are welcomed in Abkhazia. The strategic location and the proximity to the Russian consumer market of 140M people making agricultural investments most profitable and safe. Moreover, the developing tourism industry which is securing local economic growth, will give investors a great yearly return from the sale of harvested cultures locally to tourists the number of whose increase every year by 20-30%.
Key factors guaranteeing success of the agriculture in Abkhazia:
Suitable Climate. The agro-ecological factors of the country give the chances of all-year-round production capability. The climate is subtropical, with mild winter and warm summer (there are 4 seasons but the temperature is on average 5-8 degrees in winter and 25-27 in summer). All climatic zones from subtropical climate to upland vary and provide more shiny days than in French Riviera.
Abundant water resources. The water resources are abundant in Abkhazia: there are 10 glaciers in mountains, 2 large and 5 medium size rivers, numerous geysers, few lakes, 150 mineral water springs, and huge underground water deposits. The range of altitude, temperature and soil variability has created an enormous ecological diversity and a huge wealth of biological resources.
Low cost lands available for lease. There are 7 areas in Abkhazia and every area has its specific designation for plantations. In total there are 421, 6 thousands hectares of agricultural fertile lands. The agricultural projects can be conducted in every mentioned region.
Ecology. During the years of isolation, Abkhazia managed to preserve its unique and virgin lands, what makes its ecology exceptional and provide the best suitable conditions for production under the label BIO in agriculture, including livestock and fishery.
Export Potential. Abkhazia is strategically located in the Black Sea, at the crossroads between Europe and Asia. Its geographical proximity to Russia has a direct implication to export potentials the neighboring Russian.
Low cost labor force and utilities. Abkhazia is a very competitive market in terms of wages and electricity rates. There are 3, 2 milliards kilowatt-hour electricity produced daily at the Inguri hydroelectric power station, which is exporting energy to neighboring countries and use locally around 1,6 milliards. The rates of electricity are about 0, 02 USD kilowatt-hour.
Investment Incentives: Tax relieves and full support to foreign investors provided by local official government allows benefiting most exciting forms of investments.
All supplementary details on lands, country and how to visit it are available on our website http://www.investabkhazia.com/
We are assisting foreign investor with setting-up of the business and providing the necessary support to make their start-up successful from fist steps.
Visit Abkhazia now and be first to get the best!
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