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Saturday, 22 October 2016


Free industrial zones can be established only in four Georgian cities

2009-09-17 18:25

Establishment of so-called free industrial zones will be allowed only in four Georgian cities. The due law will be amended to define the remissible number of free industrial zones in the territory of the country.


Today the parliamentary committee for economy fields and economy policy discussed the government-initiate package of amendments.

Irakli Gvaradze, the deputy Minister of Finance, presented the document to MPs. According to the initiative, FIZes can be established in Poti, Kutaisi, Batumi and Tbilisi, 2 are planned in Kutaisi, 1 in each of the 3 other cities.

Alongside with the document Gvaladze presented the due amendments to the tax code. The Committee approved the draft amendments and backed its consideration at the plenary meeting.


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