REASONS TO CHOOSE GEORGIA:
• Long history of manufacturing
• Skilled and low-cost workforce
• FIZs offer preferred market access to more than 500 Million consumers
• Tax-Free Regimes available for production and export
• Considerable natural resources and raw materials
• High domestic demand for manufactured goods
Georgia`s natural advantage as a Regional Hub in the Black Sea and South Caucasus Regions – and as a gateway between the Caucasus and Central Asia – provides many benefits to investors in manufacturing and processing. Specifically, Georgia has the best cost factors, logistics and transport chain and business environment for serving the Southern Caucasus Region, as well as many key raw materials.
Since 2004, Georgia has seen both domestic and international investment in manufacturing across all major sectors, including: apparel, textiles, pharmaceuticals, mining and excavation (e.g., gold, silver, coal and ores), building materials, natural resources processing, aircraft, shipbuilding, methane extraction and auto parts.
In 2010, Georgia`s Total Output was GEL 13.3 Billion. Major outputs include steel, aircraft, machine tools, electrical appliances, mining, chemicals, apparel, wood products and wine. Total export in 2009 were USD 1.6 Billion, of which natural ores, ferro-alloys, fertilizers, motor cars, wine, waters, fruits and nuts, electrical energy and vehicles were the major exports.
With the establishment of Georgia`s Free Industrial Zones, there are new incentives and opportunities to process, produce and export goods with a minimal tax burden, because in FIZ, businesses are exempted from all tax charges except Personal Income Tax. Firms can export goods free of trade barriers to global markets of more than 500 million consumers.
INVESTABLE AREAS
Georgia s Manufacturing Sector is growing and expanding rapidly, generating attractive returns on capital. With the introduction of Georgia`s 3 Free Industrial Zones, many new investment opportunities have been created:
• Apparel/Textiles
• Pharmaceuticals
• Medical Devices
• Packaging
• Electronics
• Household goods
• Wood Processing
• Metallurgy
• Petrochemicals
• Organic Fertilizers
• Construction Materials
• Automotive
AUTOMOTIVE SECTOR STUDY (PDF, 1.5 MB)
LIGHT MANUFACTURING SECTOR STUDY (PDF, 1.5 MB)
CURRENT INVESTMENT OPPORTUNITIES:
For more information about apparel sector, please visit www.apparel.ge
