Israel to transfer its enterprises to Georgian city of Anaklia
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Georgia and Israel are discussing the possibility of transferring several Israeli enterprises to Georgia’s Black Sea town of Anaklia.
At today’s meeting with Georgia’s Prime Minister Giogri Kvirikashvili, President of Israeli Entrepreneur Association Shraga Brosh said that it was easy to do business in Georgia thanks to minimal bureaucracy, a flexible tax system and the government’s emphasis on the country’s economic growth, which also leads to the business society’s interest towards Georgia.
Kvirikashvili talked about the existing favourable business environment in Georgia and the country’s investment potential. While talking about these topics, the PM paid particular attention to the Anaklia Deep Sea Port project that is underway on the shores of the Black Sea city of Anaklia, near Georgia’s breakaway Abkhazia region.
Industrial and logistic parks, residential, touristic, finance and business centres, recreational zones – this is a small part of the huge plans that includes the development of the new city of Anaklia which will be next to the new port.
Construction of Anaklia port is due to be completed in 2020 and the port will be able to receive ships from 2021.
One of China’s largest companies, China Railway International Group, is interested in investing in Georgia’s Anaklia Deep Sea Port project, which is underway on the shores of the Black Sea city of Anaklia, near Georgia’s breakaway Abkhazia region.
Chinese corporation ZPMC will be involved in the construction of Georgia’s largest port Anaklia Deep Sea Port, on the shores of the Black Sea city of Anaklia, near Georgia’s breakaway Abkhazia region.
Georgia is one step closer to creating a new, faster maritime corridor between China and Europe, helping to restore the historic Silk Road by building the Anaklia Deep Sea Port. As the construction of Anaklia Deep Sea Port is now underway, Prime Minister Giorgi Kvirikashvili and other members of the Cabinet of Ministers joined the works today.
Georgia’s Minister of Foreign Affairs Mikheil Janelidze and founder of Anaklia Development Consortium Mamuka Khazaradze met the diplomatic corps accredited to Georgia and introduced them to the development of the Anaklia Deep Sea Port project today.
Trade turnover between Georgia and Israel is strong and steady, but the partnership can intensify and reach $1 billion over the course of the next five years, announces Georgia’s Ministry of Economy.
Georgia and Israel are discussing the possibility of establishing joint information technology (IT) ventures. Georgia’s Economy Minister Dimitry Kumsishvili spoke with representatives of Israeli companies during his official visit to Israel.
Georgia and Israel are launching a feasibility study on further expanding the investment ties between the two countries and to increase awareness of Georgia’s investment opportunities in Israeli business society.
The Georgian embassy in Israel has addressed Georgian citizens living in the country amid current tension between Israel and Palestine.