Business

Georgia Foreign Trade Zone Earns Top Ranking for Second Straight

In September 2017, the Chinese organization China Energy Company Limited (CFFC) procured 75% of the Poti Free Industrial Zone. CFFC is one of biggest Chinese aggregates working in the vitality, money and exchange segments. The organization has since made a $150 million dollar interest in the Poti FIZ and the state has held a 10% portion of the Poti FIZ.

The Georgia  Free Industrial Zone

The Free Trade Zone Georgia FIZ was built up in 2009 for a time of 99 years. It is situated on 27 hectares of region that have a place with a previous car assembling plant. Georgian International Holding is the chairman of the Georgia FIZ. They reveal to us that just about 33% of the zone is operational.

There are currently37 ventures working on the region of the Georgia FIZ, a significant number of which are generally enormous organizations like Fresh Georgia, which is a backup of an Egyptian organization and produces family unit apparatuses (gas stoves, electric water boilers, clothes washers etc.),and Atlantic Georgia, an organization that makes electric warmers and water boilers. Crisp Georgia, Atlantic Georgia and the organization of the FIZ have together put nearly₾100 in the zone.

Hualing Georgia FIZ

Hualing Georgia FIZ was conceded the status of Free Industrial Zone in 2015 for the time of 30 years. The FIZ is situated on the region of another previous car assembling plant on 36 hectares of land. The coordinator of the Hualing Georgia FIZ is an individual from the Hualing Group Georgian Huashun International Industrial Investment Group Ltd.

Hualing Georgia FIZ works with a 25% outstanding task at hand. At the present, there are around 70 mechanical/business/administration organizations enrolled on the domain of the FIZincluding a wood handling plant, a stone preparing plant for business development, a furniture plant, sleeping pads, metal developments, channels for development hardware and a refining plant for the creation of spirits, etc. Before long, a sun based board assembling plant is relied upon to open also. Most of the organizations working on the Hualing Kutaisi FIZ are remote (Chinese, Egyptian, Azeri, and Spanish).

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