Strategic Location
- First Free Industrial Zone in the Caucasus Region.
- Located on the gateway of ancient Silk Road connecting west and east and vice versa.
- Wide access to the EU&CIS with over 1 billion population market.
- Free Trade Agreements of Georgia with Turkey and CIS countries.
- Strategic oil and gas corridor
Economic Factors
- 0 Score in difficulty of the hiring and firing indices in the 2008 World Bank Doing Business Survey – one of the best Labor Codes in the world.
- #1 Reformer in the world in 2006 (according to World Bank Doing Business Survey 2007) 460% Increase in budget revenues since 2003.
- 7,200 Categories of goods Georgia can export duty- and tariff-free to EU & Turkey under the GSP+ regime. The only country, other than Moldova, to have such facility.The GSP Plus regime has been Further extended recently.
RAK Investment Authority – Experienced developer and manager of several Free Zones in different parts of the world.
RAKIA has wide expertise in developing free zones consisting of three business parks in trading and services, heavy industries and warehousing and in manufacturing. With more than 1700 registered companies and trade turnover of around USD 8 billion within last few years.
Easy business set-up
Simplified licensing procedures (License is issued within 24 hours after the application is received) “One Stop Shop” system (all necessary procedures are conducted at one spot)
Operational advantages
World class Infrastructure offer complete “end to end” solutions to the needs of every investor and ensure complete customer satisfaction.
Efficient services:
- Located next to Poti port—low supply chain cost.
- Low Licensing and plot leasing tariffs.
- Low cost of skilled labor.
- Low cost of utilities. Low energy cost (Hydro-electric power)
- Low housing costs.
Investor friendly environment, transparent laws and regulations
The laws are in force that creates the easy conditions for the companies for easy start-up and operation of their businesses.The government is also open to suggestions from the investors to amend the laws for the benefit of all stakeholders.
Safe living conditions
